for brazil's, any kind of plan to restructure brazil's economy, attract more investment even though brazil as part of the brick the coalition, that's not a zero-sum game. brazil is always been reluctant to disclose groups. even the they are non-alliant during the cold war so tell you what i would like to they are in closing themselves to these exclusive groups. i do think on one end you cratered essences for dilma, open up some talks with the us on investments -- created -- that process is slow. it creates in the near-term and the question is how long does the near-term last, that will be very turbulent. does not a lot she can do although historically a lot of presidents have faced problems domestically, it tends to go outside because they face less restrictions to operate in foreign policy but dilma does not like foreign policy so i don't see her doing that. i wouldn't say, getting, this is an inflection point in brazil's policy let's get and political landscape for sure. body don't see, the question is how steep the curtis and a fast change will come. i think the risk who said becoming a

brazil is a slow mover. the challenge for the next isernment, or even this one, showing signs of going the direction of opening up more. without that, nothing can be done. historically, when you have finance ministers in place in brazil, other ministries and policies tend to follow suit. priorities now are fiscal, fiscal, and fiscal. comments have been made on trade. on opening up. that is the direction. those are the two key issues on the relationship with the private sector. i think it does create -- on the good side, as i said in my previous answer, it does increase the importance of the plans states for brazil's to restructure the economy and attract more investments. coalition,art of the but it is not a zero sum game. brazil has always been reluctant to join the groups. i do think on the one hand, i creates incentives for talks with the u.s. on investments. creates aer hand, it near-term. there's not a lot you can do. problemslly, domestic tend to go outside because they face less restrictions. i don't

governance in brazil. i think those are the immense opportunities that we have and i think people are aware of that and there are people who do good work and all of those areas. including businessmen, research organizations, etc. >> think you very much, paulo. peter? anything to react to. peter: i would just like to say -- wow, we learned a lot. what you have in brazil is huge uncertainty. unpredictability. almost anything you hear today is in discussion. there is no sure path out of this crisis or the corruption. so i think that a prediction will be sort of shifted and he said this earlier, what is in the news this morning -- we don't know because we are sitting here. i just want -- there are so many things first the approval ratings of the president are between 8% and 10% which is extraordinarily low, as we know. there is no indication that will change anytime soon. we have a president at that low a level of approval so the foundations of government are very shaky. second, that is why there is some prote

there is in brazil a week opposition. this is something that favors the scenario that joao just described of the president surviving the storm. there is now, underway, talks of a big agreement with big accommodations that involves president lula, the president of the senate and some political leaders of the federation of industries and the business communities. people afraid of what is going on in the economy, the economy is in a freefall enter try to prevent that and to find a measure of stability and this is going on and this has different aspects to it. one of the most immediate that we can see is that this could prevent the general accounting office in brazil. a rejection of president gilman's accounts for last year. if that accusation is approved by the tribunal and like here, gao reports to congress. if that stands, you would have a crime of responsibility to a cause for impeachment. so political judgment remains to be seen, but this seems to be the direction of this effort. there is also talk of advancing the auste

it's survival >>> a view from brazil. >> that's "america tonight". tell us what you think at aljazeera.com/"america tonight". talk to us at twitter or facebook and come back when we have more of "america tonight". >> it creates a huge opportunity for the small business owners. >> these are all different strains. >> this is "techknow". a show about innovations that can change lives. >> the science of fighting a wildfire. >> we're going to explore the intersection of hardware and humanity, but we're doing it in a unique way. this is a show about science... >> oh! >> oh my god! >> by scientists. >> tonight, saving the macaw. >> i'm in the peruvian amazon and we're on the search for endangered macaws. >> now techknow is on a one of a kind mission. >> look at those wings. >> the macaw; graceful, elegant, and in some parts of the world, endangered. it's a race against time - >> so the climber up top just yelled down saying she saw a lightning strike. >> - to save a species. >> it's time to hurry up. >> i'm phil torres, i'm an entymologist. i do much of my

it's survival >>> a view from brazil. >> that's "america tonight". tell us what you think at aljazeera.com/"america tonight". talk to us at twitter or facebook and come back when we have more of "america tonight". >> it creates a huge opportunity for the small business owners. >> these are all different strains. >> what you want to do? just don't want to go to college, you want to be a drop out? >> my mom don't know what i deal with on a daily basis. i've been shot at a couple of times. i really don't care about college. >> so you just throw your life up in the air, just like your daddy? >> i live in mosca, colorado, aka the middle of nowhere. >> thanks. my quest is to find me and me is not here. going to college is the only way i'm going to be able to get out of here. i'm opening my letter from chapman. it's kind of scary. i might not get accepted. alright. this is it. >> here's me. here's our cheerleading picture. i was going through a hard time last year. i started getting threatening text messages and threatening

much does that hurt brazil? guest: it is exposed to china but probably less than, you know, people presume. brazil is a very closed economy. exports are 10% of g.d.p. the overwhelming majority of the goods that are exported to china are commodities. commodities are called commodities because they are -- [inaudible] -- everything you produce at the global clearing price. so the brazilians couldn't care less where their -- build their soybeans go to shanghai or baltimore. china has an influence in the marginal pricing of commodities and the significant deceleration on china, as much as it affects commodity prices will impact the performance of brazil. i think the impact is indirect. alix: you mentioned what the government needs to do to help the economy but in the midst of scandal, having a really hard time regaining producer and getting anything done, is that at all realistic in how does that play out? guest: the capacity of the administration to implement and further the adjustment policies is limited. makes it

the first was as far as we were concerned for brazil would be -- small way, would not affect brazil. that we were, alas country to go to recession and first to get out of the. remember that? therefore the argument that the international crisis called the brazilian crisis is kind of weird. we had already declared that it didn't affect us. now it's back. president lula acid recently last week that the crisis is not dilma's baltic mutually at the center of the crisis, there is

strength of republic of brazil is good for brazil and the long-term. actually is a strengthening factor for the consolidation and continuation of a good democracy , but it has created the current prices. if the executive branch were in charge like the united states, none of this would've been revealed, because the executive branch would've shut it down. i would like to know what if you made the comparison with other latin american countries? i would like to discuss whether or not this prosecutors office is in fact a very important positive in brazil? or is it a factor that is harmful to the economy because of its effect on the private sector? likes michael? michael? >> i will let one protester being interviewed does not speak for 100 billion plus people, but this protester did tell the journalist it is time to bring back the military. -- howure is a zillion secure is brazilian -- >> 100% secure. >> you had a question? [captioning performed by the national captioning institute, -- [speaking spanish] [speaking spanish] >> thank you very much. why don't w

that was nea hampton in brazil. that was marianna. tell us what you think, at aljazeera.com/americatonight. on facebook or twitter. and come back. we'll have more of "america tonight," tomorrow. tonight," tomorrow. >> i'm ali velshi. "on target" tonight, power play, we'll show you how small but vocal fringe group wields power, bringing further to the right, while no one is impressed with the steady growth in jobs. >>> america's economy is cruising, 215,000 new jobs added in july and the unemployment rate steady at 5.3%. this is lowest level since the 2008 recession. but even president obama's administration admits there is still slack in the labor market. after all those layoffs. later in the story,

that was nea hampton in brazil. that was marianna. tell us what you think, at aljazeera.com/americatonight. on facebook or twitter. and come back. we'll have more of "america tonight," tomorrow. >> protestors are gathering... >> there's an air of tension right now... >> the crowd chanting for democracy... >> this is another significant development... >> we have an exclusive story tonight, and we go live... >> u.n. security council wants to finds out who's behind chemical attacks in syria's war. hello. i'm in doha with the world news from al jazeera. also ahead, another loss for the palestinian family whose home was firebombed in the west bank. we'll have a live report. power cuts drive thousands of iraqis to demand basic necessi necessities. more peoplere

that was nea hampton in brazil. that was marianna. tell us what you think, at aljazeera.com/americatonight. on facebook or twitter. and come back. we'll have more of "america tonight," tomorrow. >> it creates a huge opportunity for the small business owners. >> these are all different strains. >> on al jazeera america, >> technology...it's a vital part of who we are... >>they had some dynamic fire behavior... >> and what we do... don't try this at home! >> tech know, where technology meets humanity... only on al jazeera america

the president of brazil is highly unpopular. there are actually this month on the 16th a massive protest called throughout brazil, so the mood is quite sour. the economy will continue to dip in this current year, until the olympics. so you could have a series of protests. it's not the ideal time to have an olympic game in brazil but the olympics, you know, will be also -- will provide some relief, to what is today a very sad moment in brazil. >> sotero says despite the economic and political issues in brazil he believes the country will benefit from these games. >>> the journey is over for now for a robot what is the hitchhiking across the united states. the robot was vandalized decapitated and abandoned. the robot had traveled in europe and canada with no problems. in the united states the robot made it only about 300 miles. a social experiment as to whether robots could trust humans. it safely traversed 3600 miles in canada and hitched around europe. checked out radio city music hall and went to philadelphia, where it was dama

right thatle doing brazil is not doing and what can brazil learn from its neighbor? chile'sain thing that doing right is that it does have a number of free trade agreements with important countries. the degree of openness, when you look at the degree of openness from other angles, from the angle of greater integration into the world economy, chile has gotten much farther than brazil has. brazil has fallen behind quite substantially when it comes to that kind of integration. despite the fact that brazil is a big country, big economy with a lot of potential to integrate itself with the world globe or --ly chains and all that global value chains and all that, it hasn't done anything of the last two decades. we've been seeing pictures of massive street protests that have been taking place throughout brazil. does that street protest have any sense of abating? is it one of those things where the government is taking heed of what people are saying or do they just not care? driver of these protests now -- as you have seen on the screen, a lot of it is directed towards the go

anything having to do with carbon action in brazil, the president of brazil is highly unpopular. there are on this month the 16th a massive protest called throughout brazil, so the mood is quite sour. they'll continue to--the economy will continue to dip in this current year until the olympics, so you could have a series of growth. it is not the ideal time to have an olympic game in brazil, but the olympics, you know, will also be--will provide some relief to work for today at a sad moment in brazil. >> despite the economic and political issues in brazil, he believes that the games will benefit the country. well the journey is over for now for a robot that was hitchhiking across the u.s. the robot was vandalized beyond repair and abandoned in the city of brotherly love, philadelphia, over the weekend. it only traveled 300 miles in the u.s. before it was destroyed. it was a social experiment to see if the robot could trust humans. up to this point he had relied on the kindness of strangers hopping across europe and 3600 miles in canada. it went to a wedding saw a red sox game and

brazil has china as its number one exporter. china's a destination, brazil's biggest trading partner. china's -- brazil's biggest export is iron ore. coiningorgan stanley this the fragile side of currencies, brazil being among them. currencies which would suffer from a rising global interest rate as they seek to finance their current account deficit. now we might be talking about the troubled 10 currencies, brazil also part of that inglorious group. a few other latin american and asian currencies, the ruble and rand too. they could be in pain as a result of the yuan devaluation because of their exposure to the chinese economy. manus: thank you, elliott gotkine. top headlines. francine: is floating in china has seen george soros selling most of his stake in alibaba. at the end of the first quarter, %370 million in alibaba shares, that was down to less than 5 million by the end of june. alibaba has seen around $100 billion wiped off its value since hitting a record november shares have fallen on the 30% this year. samsung have and

>> her popularity in this country is very low. >> what has gone wrong for brazil? it was six years ago that dilma rousseff's predecessor louis decivil va said the 21st century would be brazil's century? >> reporter: what has gone wrong is country is plagued with this huge scandal, the petrobar scandal still unravelling. more than 100 people have been indicted in the scandal. some including from her own party, the workers party. there is no direct link to far between dilma rousseff and this petroban scandal, but her party is plagued. then there's the economy. a lot of people here on the streets. we're talking about the shrinking economy, about all these brazil sort of flourishing as people come out enjoying this growing middle class. all that has stopped. the local currency, the real, has been devalued by 30% since she took power in her second term ten months ago. unemployment is on the rise by 7% so far this year. so it is mainly the economy and also people fed-up with corruption. they say this country has always been plagued with this corruption, and that has to s

brazil. we are seeing the longest recession since the 1930's. the central bank thinks the economy will fall 2% this year. next year will also be down. it's not looking good domestically. then, you have the political instability, the political anddal because of petrobras popularity for the president is at an all-time low. it's below the inflation rate in brazil right now. betty: will this spill over elsewhere? >> what is spilling out elsewhere is what's happening in china. china affects the rest of the emerging markets and is affecting brazil. what you are seeing within the region is all of the currencies are down. that is mainly driven by china. brazil can affect its trading partners like argentina. argentina has a lot of its own problems. argentina has a peg of an exchange rate. more pressure on them to the devalue. th pimm: i was looking at other emerging markets. and some developed markets like japan. you see massive the valuation versus the u.s. dollar. you are seeing malaysia spending mi

rio de janeiro in brazil, when the games were awarded to rio brazil was on an absolute economic now brazil in a deepening economic crise. budget cuts have affected some of the works including the ones who control water quality in the city of rio so there is a debate but the games will go on. brazil will host, rio will host those games and there will be benefits by doing. >> as you said, when brazil won the bid in 2009, it was in a very different situation it's economy is contracted. do you think people regret winning the bid now? >> there were criticisms even then in 2009 about hosting this, because some of the i understand cases of the economic crisis were already present then. i would not say that in the current political climate in brazil which is quite poisonous, i think there be plenty of criticism but people outside brazil will probably not notice that very much, because the focus of the olympics will be one of the most beautiful cities in the world that will be mostly prepared. >> we do see these images of protests and protests have been happening over everything from forced evictio

. >>> brazil is officially in recession. >>> there are hopes for children in nigeria orphaned by the violence of boko haram. the headlines for you. authority have discovered 71 victims in the lack of a bus including eight women and four children. >>> a 100 are missing after a ship sank off the coast of libya. 7. >>> iraq's top cleric has voiced his support for the protesters who demand an end of corruption in government. >>> u.s. president barack obama has appealed directly to his country's usual community trying to win support for the iranian nuclear deal. he's selling the deal so that congress does not have to try to kill it off. kimberly halkett reports. >> the u.s. president appealed directly to jewish americans in an online web address that an agreement with iran is israel's and the regions best hope for peace. >> this deal blocks every way, every pathway that iran might take in order to obtain a nuclear weapon. >> the online appeal comes just weeks after israeli prime minister benjamin netanyahu addressed the u.s.-jewish community online as well to rally support in opposition o

brazil is going to be the last country to ever change. it's so extreme. that's one approach is just, i guess, very practically every week, at least once a week, find a story of something that totally shocks you that you thought was never possible and we try to specialize that. but to just remind you that it's not possible to know what's possible. and that the only choice we don't have is whether to change the world. and i try to keep the idea alive that the only choice we don't have is whether to change the world and we need to talk about your organization is let's talk about food and that's the kind of thing that i believe we gain courage in community and we judge the hill to be less steep. anything you're doing, to create that connection, you're building courage. people taking risks and having new ideas and breaking free from the charity model into the rights of democracy model. so i think those are the key of -- it takes some work. it takes some work to find these examples and spread them but telling a story of possibility is a revolutionary act. >> i'

her visit to brazil took two years to plan. that may be why she had to cancel her meeting with the brazilian president. even though public dissatisfaction is so high, the hold on power is threatened. the approval rating has plunged to a record low of 8%. daniel: oil is spiraling downward. u.s. treasury bond yields are tumbling. there are ongoing jitters over an impending interest rate hike. joining us with details from the new york stock exchange is has a -- jose. how are markets reacting to this volatile mix? jose: not very well, daniel. the major indexes are in negative territory for the year. the major concern for u.s. investors, it is still very blurry timing for the next interest rate hike which could bring the dollar up, and prices lower. it perfect storm that could take the toll on u.s. recovery. that is why investors seem to be dumping risky assets and running to save harbors like gold and treasuries. daniel: you mentioned oil. i would like to get into that a little bit more. do you think oil could reach the dreaded low

lisa: i can tell you in brazil, fifa continually told brazil you don't need to be in 12 stadiums. you really need to be innate. the country -- you need to be in eight. the country is too large. i'm sure they said the same thing to russia. but it's their money. they are spending it. so i'm going to refer back to athletes. how many are broke after they are playing? their agents tell them, put money aside, don't spend this money. but in the end, it is the country's own money. and if they want to spend it, they are going to spend it. manuel: it is an interesting comparison. it's like serving alcohol to someone who is an alcoholic. lisa: they are using it as a showcase and they are also using it for political reasons. so putin may want this region to be happy and to vote for him. marlene: if i may join in that discussion -- fifa is not the one deciding what is a domestic discussion going on between the ridge and now it is and the regional elites. and the oligarchs who are influencing the local governments. it is politically so important for creating the unity between the different regi

the political parties in brazil including those in a new position. they do not offer a very viable solution for the country. that's where we are. we are stuck. >> is she to blame for the economic problems so many say she's being blamed for? >> she is to blame in large measure because she inherited a reasonable situation from president lula. she decided to double down on state intervention in the economy on finding a kind of deep deep deeper protection of the brazilian economy, choosing champions to receive enormous subsidies from government banks and not paying attention to the corruption that was going on. she was the chairperson of the board of petro bras during the whole administration of lula and during her own administration this continued to up ha happen. people blame her for what happened. it is an enormous scandal. the only redeeming value of all of this is that a new generation of judges, prosecutors, federal, police investigators are really going after this. and for the first time you have some hope in that department. >> i've got 20 second

her visit to brazil took two years to plan. that may be why she had to cancel her meeting with the brazilian president. even though public dissatisfaction is so high, the hold on power is threatened. the approval rating has plunged to a record low of 8%. daniel: oil is spiraling downward. u.s. treasury bond yields are tumbling. there are ongoing jitters over an impending interest rate hike. joining us with details from the new york stock exchange is has a -- jose. how are markets reacting to this volatile mix? jose: not very well, daniel. the major indexes are in negative territory for the year. the major concern for u.s. investors, it is still very blurry timing for the next interest rate hike which could bring the dollar up, and prices lower. it perfect storm that could take the toll on u.s. recovery. that is why investors seem to be dumping risky assets and running to save harbors like gold and treasuries. daniel: you mentioned oil. i would like to get into that a little bit more. do you think oil could reach the dreaded low

antigovernment protests held across brazil. tens of thousands gathered in the capital and elsewhere to demand either the resignation or the impeachment of the president. her approval ratings have fallen to a historic low to 8% >>> civil rights leader julian bond has died. he was elected to the georgia house of representatives but it took two years and a congressional decision before he was able to take office >>> in syria, government forces attacked a busy marketplace today killing more than 100 people. the air strikes also wounded almost 300 people. they hit the town of doma just east of the capital >>> in 2008, law makers who wrote the u.s. farm bill defined a food desert as an area with limited access to farms or food. we have a report from chicago where more than 800,000 people rely on food donations. >>reporter: here in chicago part of the american phone bill the hungry line up for food. >> there's not enough food today. >>reporter: why? >> because they bring little bit. >>reporter: this is the face of hunger in america. >

of brazil's trade is with the eu. going in the other direction, refill is not as big or the european union. and you take a look at the other figures, about 22 billion german-brazil trade. here is the challenge, they are consumer facing economies. just take volkswagen, the world's biggest auto manufacturer. he had big plans for brazil. they had a good year, they sold about 500,000 units last year. it is down 26% this year for the first half. that is a challenge, they wanted dis there.gi they are falling short. angela merkel hinted for a free-trade agreement. caroline: the venue on the play, she was quick to make a statement about what is going on in greece commenting on the election. hans: the comment on the election actually came from dilma rousseff, saying that angela merkel told her that alexis tsipras stepping down is part of the solution, not the crisis. that is dilma rousseff paraphrasing angela merkel. she could see how relieved dilma .ousseff was relieve discussingwo women very different lyrical outlets. one mo

. >> i had gone to brazil on an assignment for a magazine called "business jet traveler" to write about embraer, which is a big aircraft manufacturer near sao paulo. and when i was there, i ran into some guys from a long island charter company who had just bought a brand new, $25 million airplane, a legacy 600, a real beauty, a midsize corporate jet. and they said, why don't you fly back with us? the plane has 13 seats and there were 6 empty seats. sure, okay, i'm in. and that turned out to be certainly the most fateful decision of my life. >> september 29th, 2006. 2:52 p.m. the legacy, tail number 600 x-ray lima takes off from san jose dos campos. destination, the city of manaus, nearly four hours to the northwest. air traffic control instructs the "legacy" to fly at 37,000 feet, where it levels off by 3:33 p.m. meanwhile, two minutes later, gol airlines flight 1907 departs manaus for the country's capital of brasilia in the south. within a half hour, the boeing 737 reaches its cruising altitude, 37,000 feet. the 737 is heading southeast. the legacy is heading northwest. the two aircra

brazil's economy is in recession, its currency in free fall. how did the host nation of the next summer olympics get to this point? cnn's shasta darling ton takes a look. >> a booming brazil is surpassed britain as a booming economy. last october, the president won re-election in a tight run-off race. ♪ ♪ >> so why have thousands of people now vowed to take to the streets in protest while the president's approval rating sinks below 25%? for critics, the answer is economic recession and political corruption. >> no, we are not in a good moment. inflation is up. everything is more expensive, like petrol and even food, no. >> brazil is bracing for a protracted recession and high inflation that many blame on mismanagement during the president's first term. at the same time, the state run oil company is hammered by a massive corruption scandal. the highest court is investigating dozens of politicians, most of them from the ruling coalition as part of an alleged bribery scheme where construction companies paid millions under the table for lucrativ

. >>> brazil enduring the worst recession in decades and struggling to keep workers in their jobs and fighting cancer, former u.s. president jimmy carter opens up about his health. ♪ ♪ top stories on al jazeera, the greek prime minister has resigned and called a general election as soon as possible and says his mandate to lead has expired with new polls and macedonia declared a state of emergency and called out the army to try to control the influx of refugees and migrants and left people stranded in no man's land between the southern countries bordering with greece. tensions rising in the korea peninsula after the south fired artillery shells across the border into north korea in response to a rocket attack from the north. and thai police have now cleared two men suspected initially of having helped the monday's bomb attack in bangkok after one was identified as a tour guide and the other a chinese tourist. authorities have now asked interpoll to help hunt down the main suspect filmed leaving a sack at the scene minutes before the explosion which killed at least 20 people. they b

problems are so different than brazil's problems today. india's problems are so different than russia's problems and so forth. and of course within these economies, just within china, two years ago you had a fantastic run in chinese tech, the broader market was doing horribly. the nuances within these markets are more and more important, and corporate's are increasingly better managed as well. for all the macro issues, you know, you have to put in context. brendan: joe biden use the term "third world country," we prefer "emerging markets." as that term irrelevant? nohael: semantics, but comment is not relevant here to many are having higher growth in developed markets .it will probably stay on for some time . ultimately, the world will be pretty flat, and basically a lot of these emerging markets have emerged. look at korea, for example, spain was an emerging market 12 years ago. standards, most would say today it is not. so the terminology will evolve over time, but i do not think it is tomorrow. tom: can i rip up the script here? we have

critically brazil. katia: if they do end up growing as a result, that is the missing factor here for when you see the depreciation's in latin america, folks say, this isn't going to go anywhere. >> we've seen for the first time in a while the global trade is actually coming down, which is not a good thing for emerging markets. if the u.s. did a rank order, the u.s. is at the top in emerging markets probably are at the bottom. , and would be above europe that is the way he would look. marketsfrom emerging perspective, china getting back to health quickly is probably an important thing. jonathangolub is with us, katia just returned from what is eris. we will keep coming back to you. coming up, a question we have been asking all week. all year. how low can oil go? a new analysis of breakeven prices for oil may indicate it is going to keep going down. this is "bloomberg surveillance." good morning. ♪ tom: good morning, "bloomberg surveillance." oil, 43.44. bull market surge in oil this morning. let's go t

what about brazil? can they get in there now? >> what about china. >> this was a bit of a misstep by netflix. or delayed step. whatever you want. they had announced that we would have a china launch in the third quarter of this year. then they delayed that until next year, along with that, they're going to have the next theatrical release of hidden dragon sleeping tiger. but that movie will be out. the launch will come next year. we don't know any of the details about it. i'm not sure that netflix does, too. we've seen some missteps in china. we don't know how well they'll do in china. we've seen something with universal appeal. in europe, north america, latin america. chances are it's got global appeal. it will be tested next week in japan. >> watching your note closely. good to talk to you again today. thank you so much. when we come back, a lot of green on the screen. with stocks back in rally mode. of course china remain as worry for the global economy. we're wondering if it will hold into the close. a top tech investor will

the country i worry mouth -- about more than china is brazil. angie: thanks for joining us out of l.a. that was kirk hartman. indonesia's president seeks to breathe life into his cabinet. we will have the details of the reshuffle when "first up" returns. stay with us. ♪ angie: the president has shaken up his cabinet to breathe life into the economy. he has been criticized one year after winning power. we have a new economic team create what is the reaction? haslinda: some say it is not a game changer. changes, make the hopefullye people, that will provide investor confidence. includes a bit of the new and the old. the trade minister post goes to a harvard educated private equity investor. a has to concert -- counter growing accusation of protectionism. and he was identified -- this was identified as a priority. some investors say it is a competent team. angie: so are disappointed with the reshuffle. why? has linda: there is always disappointment and news of a reshuffle has been swirling around for months. some in the market where expecting big

, brazil's a very closed economy. it's very marginal. it's just very important in that particular sector. the mining sector. the subinfluence of chile and peru as well. they're both metals producers as well. i think, number one, brazil's got a lot more problems than just the chinese economy right now. the currency, you've got a very marginal element to do with china. and then you've got mexico which is relatively isolated from china tied to the u.s. which is why we like that market. so as usual, you've got to be very selective in terms of worrying about the direct impacts of china on parts of latin america. >>> the bifurcated part of that story there. geoff, thanks for being with us. >>> a turkish soldier has been killed after a helicopter is shot down by militants. this according to reuters. it follows two incidents of this morning. overnight, police in istanbul were the target of a car bomb. and u.s. consulate is closed after a thwarted attack by two gunmen. >>> shots were fired overnight in ferguson, missouri, repo

we will hit brazil, too. coming up on "market day," a request for easing by pedro pierluisi. ♪ tom: good morning. green on the screen, a bid to all the markets. top headlines, here is vonnie quinn. vonnie: some republicans say president obama's move could slow global warming. party leaders say the new rules could be blocked if he is preceded in the white house by a republican. the regulations aimed to reduce carbon dioxide levels in the air but they will amount to overreaching by the government. they save the rules would raise energy rates. >> i want clean air clean water, clean land that i wanted in an economy where my children can grow as well. this proposal is a halt to the nation's economy. vonnie: it is proposed to cut emissions of 32% from 2005 levels and that is it within 15 years. while disney is among the bell and investors might want to know about the future online availability of espn and whether it will remain on services after losing 3.3 million customers over the past year. another big factor,

less than a year after she was re-elected, brazil's president is facing calls to step down. >>> fears are growing that toxic chemicals are leaking into the surrounding areas of the explosion in china >>> at least 40 migrants have died trying to cross the mediterranean sea in europe. the italian navy has -- >> houthi rebels are advancing on taiz, yemen's largest >>> we've seen people displaced from one area to another and the different parties trying to carve out different zones. but this would be a deliberate agreement to swap populations and allow the shiites who have been holding out even though much of idlip province is now with the rebels. they would leave. and the sunni population would lead to the rebel-controlled north. >>> his killing fuelled fears of a new civil war in the country >>> somolia is unlikely to hold full elections next year because of continuing violence. some kind of process will be still held but a lack of voter registration could undermine polling. >>> it's election time in southern somolia. members of parliament are voting for president. the four presidential

markets are worried about the brazil story. the way we see it, this adjustment is necessary and brazil has to go through this process. the bottom line is, it is going to get worse before it gets better in brazil. francine: thank you for all that. kevin daly, portfolio manager at aberdeen asset management. manus: turkish security forces exchanged fire with militant in istanbul hours after the police station was targeted in a car bomb attack. seven people were wounded in the incident. that is according to state run news agency. cnn's turk television says two gunmen opened fire at the u.s. consulate in a separate attack. francine: the greek government aiming to conclude talks on its third bailout by tomorrow. that would leave time for the parliament to pass the deal and secure funds for an august payment to the european central bank. manus: the european central watchdog says it is looking to a cyber attack in carphone warehouse. ask information for as many 2.4 million customers may have been accessed in the breach. francine: warre

here in brazil, african brazilians are living in a terrifying situation. i'm inspired to be a journalist, so compare the struggle. right now we are in kabula, at a site where 13 young black men were massacred during the carnival. the police lined them up against the wall and shot them. in el salvador, no one talks about the police, we don't deal with the police. everyone is afraid of police. they can kill you. they come to the marches and take pictures of the people. i'm like we are coming for you. police have military, and they come through in tanks. this kind of violence is still common. it is normal. even though black people are the majority. they face abuse from police. many are black themselves, but it doesn't matter. they'll kill you for no reason. if you steal something from someone that's not a brazilian, you are dying. you are at a carnival event, someone pic pockets. you can get shot on site. i came to brazil the month michael brown was killed. i grew up next to it. most people here were for the people in baltimore. there was a lot of congratulat

lisa: i can tell you in brazil, fifa continually told brazil you don't need to be in 12 stadiums. you really need to be innate. the country -- you need to be in eight. the country is too large. i'm sure they said the same thing to russia. but it's their money. they are spending it. so i'm going to refer back to athletes. how many are broke after they are playing? their agents tell them, put money aside, don't spend this money. but in the end, it is the country's own money. and if they want to spend it, they are going to spend it. manuel: it is an interesting comparison. it's like serving alcohol to someone who is an alcoholic. lisa: they are using it as a showcase and they are also using it for political reasons. so putin may want this region to be happy and to vote for him. marlene: if i may join in that discussion -- fifa is not the one deciding what is a domestic discussion, the discussion going on between the ridge and now it is and the regional elites. it is putin and the oligarchs who are influencing the local governments. it is politically so important for creating the unit

now, too bad or not to bet on brazil? the company dealing with inflation, struggling interest rates and a political crisis. stocks are rising, bond years falling and some are betting the worst is just about over. they begin by weighing the risk. think risk is high, and i things could well get worse before better. there is a lot of inherent security. first and foremost, i would say it is political. the president has lost a very important ally in the congress. they will not be winning him back anytime soon with 8% popularity rating. it very difficult position for her to be in with an economy in 2% recession., 9.5% inflation and very low political capital to have the bandwidth to respond in kind. matt: the political crisis is first and foremost on investors mind. walk us what is going on with brazilian politics right now. >> she has lost a lot of popularity. she took office for the second time in january. popularitywas -- the was 8%. inflation higher than her popularity. the president has formally's with with her that he wil

born and raised in brazil, he left a top job as the facebook android to take xiaomi global. joining me, xiaomi vice president of global operations, hugo barra. so great to have you here. hugo: my pleasure. emily: how is your chinese? hugo: coming along slowly. maybe next time, we can do it. emily: i will hold you to that. i understand they call you tiger brother. how did you get that name? hugo: our ceo, a social media rockstar, superstar did a simple post and said hey guys, hugo barra is joining us from google, we have to give him a name. people went crazy. everybody started suggesting names. i had no say in it. you are tiger brother. emily: when are you going to start selling phones in the united states? hugo: i would tell you if i knew. but i don't. we don't have a set date yet. selling phones is a big step up. it is a huge marketing undertaking. you know, building a smartphone brand. operationally it is complicated. you have to have after sales set up, customer support set up, customer support said up. it takes a huge amount of work plus localizing the hardware. we are g

some in english not to recognize her as the president of brazil. they say she is tainted with corruption and tainted with scandal even though so far there has been no direct links between her. the turn out today is extremely important. this is the third march of protests since the beginning of the year. the turnout will signal how much momentum is called for her impeachment having in this country or not. >> it all sounds very festive behind you there, but how much damage is people power going to do? >> reporter: certainly people power will make her have a very hard time if she stays as president and continues her second term. we are only in the sixth month of the first year for the second four year term. she will have a very hard time. she will have her wings clipped and it will be difficult for her to put forward the austerity measures that are badly needed in the country because of the shrinking economy. she will have to concede a lot to the opposition. i was speaking to ann arbor an d how many people go on the streets and the lower house of cong

brazil is fascinating. quick look at the top stories of this hour -- major league baseball has announced a schedule for postseason play. the world series will be contested in november. the fall classic will start october 27 in the american league city with the seventh game if needed on november 4 and the playoffs will begin in early october. mark: there was a game last night at yankee stadium between the yankees and the minnesota twins. the pitcher for the yankees got hit in the face. that line drive came off the bat of a former yankee. mitchell fell to the ground and was helped off the field and the manager of the yankees said he suffered a hairline fracture of the nose. i guess the bone in the nose. betty: the bone and the nose. mark: yes, the septum. betty: goodbye, mark. mark: goodbye, betty. ♪ ♪ ♪ ♪ get excited for the 1989 world tour with exclusive behind the scenes footage, all of taylor swift's music videos, interviews, and more. xfinity is the destination for all things taylor swift. mark:

is a time to bet on brazil? the country is ailing with soaring inflation, stifling interest rate of the political crisis. falling, on deals rising. some investors are betting the worst is just about over. a global market strategist joins us. also with us today, julia light till who covers brazil. ask about the risk involved in this. it is certainly a risky proposition, even if you think it is a good one. >> absolutely. i think the risk is high and things could very well get worse before they get better. there is a lot of uncertainty. first and foremost it is political. the president has lost a very important ally in the congress. it will not be winning him back anytime soon with a percent unpopularity rating. very difficult position to be in the economy in deep recession. high inflation, 9.5% inflation. very low political capital to have the bandwidth to respond in kind. matt: that could be the major problem. obvious he there are economic issues all that. the political crisis is first and foremost on investors m