there is a fear in society that turkey is left alone. yes, turkey is left alone and isolated. lots ofst of -- intellectuals have been calling on europe to send a signal. when is enough enough? the red line i think has been crossed. even before the refugee deal.. the developments are disturbing. whether it wowould help to officialally announced a redline. we saw what that meant in syria when obama declared a redline. i'm not sure how much they help in politics. before, the troubling the toolsor europe, to intervene in turkey, to put pressure on the turkish government are very little. they are in a position where they can only watch. theeas: i agree and i think talk about red lines in this conflict is naive. redline and then what? what would you propose the west do? he finds himself in a difficult neighborhood. what is he trying to do? i find it shortsighted. i think he is driven more by psychology than strategic thinking. where is he trying to take turkey? i think he would like to bececoe the suntoman leader of ni world. but he is picking fights with everyone. to become the pow

there is a fear in society that turkey is left alone. yes, turkey is left alone and isolated. lots ofst of -- intellectuals have been calling on europe to send a signal. when is enough enough? the red line think has been crossed. even before e the refugee deala. the developments are disturbing. whether it wowould help to offificially announced a redline. we saw what that meant in syria when obama declared a redline. i'm not sure how much they help in politics. before, the troubling the toolsor europe, to intervene in turkey, to put pressure on the turkish government are very little. they are in a position where they can only watch. theeas: i agree and i think talk about red lines in this conflict is naive. redline and then what? what would you propose the west do? he finds himself in a difficult neighborhood. what is he trying to do? i find it shortsighted. i think he is driven more by psychology than strategic thinking. where is he trying to take turkey? i think he would like to bececoe the suntoman leader of ni world. but he is picking fights with everyone. to become the pow

how is this being spun in turkey? if this is approved, who is it a victim for, turkey itself or the president? dorian: it will be a victory for the prime minister. he is the architect for this whole project. the president has been extreme a critical in many ways, and the fact that there are? 's, if he wanted to go there would be -- >> figure much. we have to take a short break, do not go away. ♪ sarah: welcome back. donald trump gets a clear run at the republican nomination. we are going after hillary clinton, he says, after ted cruz throws in the towel it looks as if john kasich is about to do the same. we have some business news now. we have a story about japanese automotive supplier which was already in the whole millions of dollars. no situation has gotten much worse. >> they had been ordered to recall another 35 to 40 million airbag inflator is, double the largest recall ever. at least more than 11 this and dozens of injuries worldwide have been linked to the problem. the issue is affecting 17 carmakers. one mi

if something were to happen that affected it turkey typically suffers. such has been a beneficiary from low oil oil prices. and the environment we are and then the last week specifically they took a hit. agencies ares already snapping at turkey. does that risk concern here? the rule of law and the independent institutions. that is with the markets in the ratings agencies see is the real risk. in fact it's compromised i do think the ratings come into play. foreign participation could be affected. they have to walk a fine line. i'm consolidating power or achieving negative issues. as very active in the global financial markets. remaining an attractive destination for capital. >> you mentioned to the volatility of this charge. a much more global effect. >> china, all the emerging markets. they will be particularly exposed. it is a significant current account deficit. uncertainty that could address that. you can look at the central bank. rebalancing wherewith they were in the international level. unorthodox policies the turkey has pursued. the independence o

i asked my cousin was a flying turkey? (laughter). >> reporter: flying turkey. >> flying turkey. turkeys don't fly. >> reporter: neighbors tell me committee of turkey vultures a group of them is called showed up about three weeks ago seemingly living in a veigh captain and crumbling row house on the block. here they are next door. the vultures sometimes called buzzards scene particularly active on trash day digging around for free meal. ingrid bullock lived on this block for years and says whatever they're called, they've developed a bit of an attitude. >> you feel like they're taking over. >> i'm fine as long as they stay up there. but when they come down here, i'm done. >> reporter: first time you ever saw them what was your reaction? >> what is that? >> right. >> and why is it around here. >> reporter: cameo ali bay and his wife christina live next door to the squatting vultures they hear them all night long. >> it sounds like humans like people walking in the house and just scratching noises. >> we actually -- >> reporter: a little creepy. >> like a horror movie. >> reporter:

a political power struggle in turkey. the prime minister plans to step down as the president strengthens his grip on the country. what does this mean for the economy in the region and its repercussions around the world? vonnie: bringing more risk back to the market here we will have the investor perspective. the u.s. april jobs report is just around the corner. the snapshot is expected to have an impact on fed action through the spring. we will break it down. what to respect -- what to expect? vonnie: let's head to the .arkets desk where julie hyman he see what is going on the commodities markets, still some concerns. major averages are bouncing back from the two-day decline we saw. they are gaining a little bit of steam as the day goes on. individual stocks contributing the most to the games include energy producers like exxon mobil and chevron rising along with order prices. coming out with earnings that beat estimates, not indicating -- drug pricing, that of been a concern with analysts. the gains, it is down by 1%. it

whether it is in turkey -- turkey or russia, we see serious challenges. >> first of all, it is a very heartening story and i will pass that on to the ambassador, who is one of our best ambassadors on so many different scores. i know that he has been principled in reaching out to the lgbt community and the broader activist community in turkey, which is facing a lot of challenges. i would say, first of all, it begins with recognition of the legitimacy and dignity of people around the world, who are working for the human rights of lgbt people and simply asserting their own right to live in safety and dignity and simply reaching out, meeting with these folks as you mentioned in turkey, is an important part of it and i tried to do it on all of my trips. we provide materials to people who are on the front lines of the struggle. we have a global equality fund which we have gotten other governments to contribute to, is one of those emergency funds that i mentioned in my opening statement that we can deliver $3000 and 48 hours to someone who needs help for security or travel, for basic support

guerillasied to pkk in turkey. they have arabic fighters with them with units from the free syrian army because the possible lack of trust -- worth noting, goes both ways. fighters whoh won't allow local arabs back into villages. we heard statements about the force on raqqa, but at the moment it is the kurds who are best placed. they are closests and have had the most traction and training and support from americans and air support. laura: there seems to be a renewed push on 2 major fronts, syrian and iraq. adam: the battle in fallujah is in a more advanced state. shelling the city proper, the first city taken by teh islamic state group. is any people's eyes it long-overdue battle. there are complicated trust issues, to the extent that the shia militian taking back out of thell be city proper. if they are not able to enter the city that could make it more difficult. there are concerns with teh civilian population. armyhvae been asked by the and tribes to wave the white flag but that would allow them to be identifie

turkey without kiloton citizens. it is never done it before and it would not do it now. >> many kurds would disagree. turkey's military operations have moved on. from this town to other kurdish areas. the turks say they're going to finish the pkk once and for all. she is listening. her 20-year-old son was killed in the basement. politics change. heartbreak stays the same. katty: a lot of questions there. you're watching bbc world news america. the economic and political crisis in venezuela is taking a heavy toll. basic services even at hospitals now in short supply. the popstar katy perry is locked in a battle with a group of elderly nuns. over the sale of a convent. a court is expected to rule on the matter on tuesday. it feels more like a castle that a convent. this imposing bill has 21 bathrooms and some 60 bedrooms. heart ofrty is at the a bitter battle. 87 sister catherine rose finds herself locked out of her own home. fighting the church's she spent a lifetime serving. -- sisters of the immaculate heart sold th

sarah: how about the eu migration deal between the eu and turkey. davutoglu was seen as one of the chief architects of that. and leaving, what does it mean for that deal? dorian: there will be concerns in brussels over cooperations between turkey and europe. davutoglu was very much seen as a man they could do business with, far more moderate than the president. he also was the architect of this deal of receiving migrants in exchange for visa-free travel for turks. now that davutoglu is gone, the president has been very unsuited -- unenthusiastic. that will cast question marks. sarah: thank you. let's get a quick check of stories. workers in kenya have rescued for people under the rubble of a building. more than 30 died in the residential building disaster in nairobi. scores more are still missing. more than 30 people on a fright from bugatti to discard a habit injured after severe turbulence. this video shows the panic on the plan. as injuries included spinal fractures and minor head traumas. israeli shelling on the gaza strip has killed a palestini

the turkey's owner insist her neighbors hated her beloved turkey and ran him over on purpose. the turkey was known for roaming the streets. the turkey issue was brought up at a town council meeting last week. shortly after the meeting, someone ran over the turkey in front of its owner's house. jodi clark says she can't imagine how anyone could hurt her pet. >> so many people loved that bird. i mean, i've had people stop by and tell me how much they miss him and they would stop by with their kids so they could see what a turkey looked like. >> clark buried the turkey in her yard. >>> at 418 feet long, the coast guard cutter hamilton is hard to miss. >> you might see it along the delaware river today. the coast guard's brand new ship is making a pit stop in philadelphia. it will be docked at penn's landing until friday. the cutter will be used to track down drug smugglers and human traffickers in the caribbean aot eastern pacific. we talked to a crew member who grew up in allentown. >> he'll come alongside, try and sneak up on them and tell them to stop. when they done the, ther

this is not just about turkey. reporter: the row over jan bÖhmermann's poem is no longer about the limits of satire. it is about turkey's future relations with europe. michelle: should a comedian be charged for making a joke, however crude it might be? let us know what you think about that or any of today's stories by getting in touch on facebook, email or twitter. out of the countries in the european single currency, it is greece that continues to suffer the worst effects of the financial crisis. while it received hundreds of billions of euros in aid, that money effectively went to bail out the country's banks. the severe austerity measures put in place to help pay off that debt are still crippling the country. many people don't have money to pay for day to day necessities that many of us take for granted, from medical prescriptions to food. in aigio, a small town in the north of the country, one man is determined to do something about that. he is a german national who founded a charity to provide mini-bailouts d

me it will be difficult to accept turkey under the current political circumstances. anchor: if all that happens, the premise or and president have been negotiating visa-free travel for turks in europe starting in june. does this change of government or change of leadership affect that? stephen: i don't think it will. it is a boon for erdogan. this is something truks have c hafed at, and is really a gift for them. anchor: other news around the world. the speaker of the u.s. house of representatives, one of the most senior republicans in the country, says he is not ready to endorse or currently support donald trump for the party nomination. his comments come a day after all of mr. trump's other rivals have dropped out of the race. congressman ryan says that mr. trump needs to do more to unify the party. in kenya, four people have been brought out alive from the debris of a building that collapsed in the capital, nairobi. they were taken away on stretchers. at least 33 people are known to have died ends 80 are still missing -- and 80 are still missing. the building, whi

parliament is insisting turkey carry out more reforms. turkey says it's done enough and the whole leal -- deal is looking fragile. so there say risk of the migrants returning. developments are being watched close any germany where most of the refugees went. jane: today thousands of people turned out in beirut for the funeral of one of hezbollah's top leaders, mustafa amine badreddine. the news was he had been killed ear the parent -- airport. there has been no claim of responsibility. i spoke with an expert at the washington institute of near east policy. he was a pretty shadowy figure, really, wasn't he? how big a blow is this for hezbollah? yeah, as you said, he was a shadowy figure. we know his involvement in hezbollah dates back to the early 1980's where he took part in terrorist attacks in lebanon, then to kuwait we are took part in other terrorist attacks there, was sentenced to dale -- jail and served there for six or seven years until saddam hussein invaded quite and he broke out and -- kuwait and he broke out and went back to syr

the low oil prices have been a boon for turkey because turkey imports oil. they had a recently good fiscal position and was benefiting from the increasingly favorable view of the markets at least in the short term. but this political instability overrides all of that. oliver: you had commerzbank reducing the gdp expectations and nomura saying the chances for a downgrade have doubled. are these reactions out of place? it's going to be difficult in the coming months because the market is losing confidence that turkey will go in the right direction. succeeds in capital , in order to pump up growth, that creates uncertainty and instability. it's going to be a rocky few months for turkey. i think political instability will keep things rocky for a little while. does the president listen to or who is he beholden to? guest: he seems to be largely beholden to himself and is accreting a lot of power. tohas shaped the military his liking, so there's nobody who can stand up to him right now. thank you. we will be discussing china and the yen next. alix: cheniere energy

the president of turkey wants to have a lot of power. tom: we sense a great distortion across all of economics, finance, and investment. here to catch you up on the news is nejra cehic. nejra: britain is going to the polls to vote for the new mayor of london. financed his own race through the republican presidential primaries. now that he is the presumptive nominee it will stop. trump's campaign is raising money for the general election. may lose suggest trump $1 billion in the fall. in turkey, the president has won a power struggle that has sent financial markets plunging. expected minister is to step down this month. lashes between the two has undermined confidence in the turkish economy. russia will create three new divisions, 30,000 soldiers, stationed in the western and southern military districts. troops tosend 4000 poland and the baltic sea. 80,000 people have been forced from their homes in western 10 and a and the fire will get bigger. it has damaged 1600 buildings in the oil town of fort mcmurray. working cams have been opened.

the european commission has given turkey its backing for visa-free travel throughout europe for turkey's 80 million residents. in exchange, turkey has agreed to take any legal migrants who trust -- across the sea to greece. many in the you are still opposed. for a bit more -- many in the e.u. are still opposed. tell us a bit more about this visasal, lifting the restrictions on turks, who have been asking for this for decades. first i have to qualify something you said in the introduction about turks soon being able to benefit from visa-free travel. it might not be that soon after all because this is just a proposal stage. the european omission, which unveiled these proposals today -- the european commission unveiled these proposals today, theit has to be approved by e.u. parliament and the e.u. government. someone has been telling me europe has been making too many concessions too quickly to turkey's democratic record is troubling to them. they were telling me that europe should not move so fast just because it needs turkey on the migrant issue. others were telling me europe does need tu

coming up on today's show -- turkey's pipe-carving tradition goes up in smoke . holidaymakers fear clear -- holidaymakers steer clear of belgium and survivalists in poland prepare for disaster. for the people who joined colonia dignidad, a secretive sect, secluded in the andes mountains of chile, there was no escape. founded in 1961, by germans, most of them former nazis, there horrifying events unfolded, including torture, slavery and child abuse. at that time , german diplomats in chile did nothing to stop the atrocities. now its victims, including erick zott, hope that germany's decision to declassify files about the group will finally help them get justice. reporter: this is erick zott's first visit to berlin in years - , a trip in decades past he would not have been free to embark on. his time trapped in the infamous colonia dignidad cult has left him traumatized, not least because of the torture he was subjected to. >> colonia dignidad remains something that i can never forget. attitudes towards it have improved today, as has the will to investigate what ha

, a real turkey. can you believe this guy just fired at this turkey on the road. you see the guy takes off. >> here comes the turkey wobbling by. >> maybe he should twakt him and make it a domestic pet. >>> this building in india is doing a really good imitation of the leaning tower of pisa until it isn't. take a look. it's moving and moving in the wrong direction which is down. >> oh. >> the residents watching this happen and hear them yelling because where they live is now gone. this is a residential building. it suddenly gave way. >> the land is not ready for it. >> looked like they built the nicest building in the nearby area and took no care to do it right. it looked like jenga. it looks like a little crooked. no. it's fine. >> it's fine until it's not. >> people outside the building were shooting this. i assume nobody was inside. >> we do have reports of injuries. we don't know if they were inside or outside of the building. >> in thailand, dozens of villagers come out, pick up this wooden build

turkey has been threatening to tear up a deal struck in march which would see turkey take back my goods from greece in return for europe taking an equal number of concerned syrian refugees. turkey is increasingly coming under fire for its poor human rights record. press freedom is seen as being under threat for rights activists and opposition members claim they are subject to persecution. reporter: in the years that followed erdogan's rise to power, turkey made considerable oforts to bring human rights to du standards, forcing the military out of politics and encouraging greater political freedom. fast-forward 10 years and the akp government is accused of moving towards authoritarianism. international ngos have warned of serious backsliding in certain areas. 151 out of 180 countries for press freedom, and opposition media outlets are regularly targeted. among the most recent victims, journalists who were arrested in november over a controversy report. no they face -- they now face life sentences. >> we have dozens of media representatives in jail. we have a lot of journalists ,ttacked,

this is wild turkey? >> looks to me wild turkeys and i don't know much about the biology of turkeys but springtime, are they looking for a chick? >> have they had too much? >> perhaps. that's what it looks like when turkeys fight. what does it took like when they attack. a couple of dudes camping alongside this waterway. >> they got whatever is coming to them. >> i agree. >> obviously the guess weeese w there first. he starts tapping, his head with a read. get it! >> that's what you get. [ laughter ] >>> it's that time, time to give away another ipad mini. >> you need the buzz word, be 18 years old and a legal u.s. resident. >> enter the buzz word on facebook or twitter and do it every day. >> let's reveal fry's buzz word. it's marvel. >> click on the win ipad button and enter the buzz word marvel. >> you want to enter today because it's bonus giveaway day. that means one lucky winner will win a flat screen tv. >> good luck. >>> finding the perfect gift for mom can be overwhelming. >> i teamed up with jak

turkey. slow, slow barbecue turkey with all the sides you want and need. what do we got going on here, chef? >> sean: pig's feet and collared greens. >> anthony: oh damn. >> sean: pickled pigs feet and collared greens. >> anthony: oh yes. >> sean: and then barbecue cole slaw, some potato salad with ramps, baked red peas. >> anthony: mm-hmm, oh there's my weakness right there. >> sean: and we made you some very special bright orange mac and cheese. >> anthony: mac and cheese. i do love bright orange mac and cheese, as you know. and that's a turkey. >> sean: yup. >> anthony: let that be a lesson to you. >> jeff: like going to grandma's house. >> anthony: mike lata from fig is here and jeff alan, owner of rebellion farm. so at this point, how many others are there like you guys, like, who are basically keeping it real as far as real southern culinary traditions as opposed to sort of the jokey ones? >> sean: i feel like just about everybody here is. >> mike: yeah, more than you would think. >> anthony: well, how many people is that? >> mike: 12? >> sean: yeah,

with at this meeting taking place in turkey. and the prime minister is having a meeting with the party this morning. there will be a press conference after that. ferro and i will be on bloomberg radio very shortly. we'll kick around this story, and what is happening with the fed. all that coming up. ♪ francine: turkey's tournaments. the prime minister is expected to step down after losing a power struggle with the president. trump.t of kasich quits. -- as thed for billionaire takes the reins of the republican party. has alibaba hit the brakes? china?h of a proxy is in ♪ francine: welcome to "the pulse."

let's talk about the story coming out of turkey. turkey's prime minister is expected to step down this month after losing a power struggle with the president erdogan. that said markets their plunging. great to have you on the program. how surprising is all of this? judging bysurprising the reaction we have seen in currency, bond, and stock markets. >> a political power struggle between the president and the prime minister. it could be the end of the road for the prime minister. we have a hearing for months of a political power struggle between the two. it is just in the past week that there was speculation that he could actually step down. for met yesterday evening one hour and 40 minutes. although there was no official statement given, bloomberg has learned that prime minister davutoglu will hold a convention and he will not be a candidate. thisthey hear more about in a few days time. tensions between the two is that erdogan's campus saying that prime minister davutoglu is dragging his feet when it comes to moving into the presiden

and, staying in turkey, strong words from president erdogan to the eu. he warns turkey will go its own way if brussels does not ensure visa-free travel for turks. this comes after a refusal to change its anti-terrorism law. the criteria for the eu deal. reporter: turkish president erdogan takes a swipe at the eu as ankara and brussels come close to reaching an agreement to lift visa restrictions. erdogan is defined, concerning some eu demands. >> the european union lets terrorist build camps and provide opportunities in the name of democracy. tells us if you change your anti-terrorism legislation, we will lift the visa restrictions. sorry, we will go our way, you go yours. reporter: turkey must fulfill eria more crit before they will lift the visa requirements which includes narrowing their legal definition of terrorism and protecting personal data. erdogan thanked his supporters after the prime minister announced his legislation, closing a rift between the two. the prime minister had lukewarm support for the president. he's expected to be replaced by so

their countries area they will need turkey. he will expect a lot more from europe in exchange. if they are not prepared to do it, they are happy to walk away. they believe turkey will never become a member of the european union. >> dorian jones joining us from istanbul. we turn to other news now. the latest cease-fire is in tatters. more than 70 people have been killed and fears fighting. it comes after yesterday's alleged government airstrike. women and children who have fled the fighting are among the dead. and the ongoing fight has forced people to flee to the border with joy at -- jordan. they've taken in more than a million refugees since the fighting broke out. jordan has slowed its intake. thousands are now stranded in the no man's land. they are unable to enter jordan and unable to return to their homes. eight agencies are warning that the humanitarian crisis is increasing. >> a desperate situation in a desolate place. thousands of syrians are stuck in a makeshift camp. the presence of refugees is a huge challenge for u

at a is set to become turkeys -- erdogan's loyalist is that the become turkey's next prime minister. benjamin, how significant a step is this for erdogan? how is this working procedurally? is it the passing of a bill that makes this possible? turkeys -- erdogan's loyalist is that the asjamin: no, it starts internal party politics. the party accepted a new leader. officially selected for that role. after that, he will become the prime minister and asked to form a government. guy: can i pick up and talk about what this means. do we now have a de facto executive presidency? benjamin: we are moving towards that. most -- into one of the in politics. the prime minister is the most powerful position in turkey. in reality, the response ability will now be to make himself relevant. he has been accepted that she has been -- undermining the powers of the prime minister. turn those powers to president erdogan. he wants to end a two headed system of government in which the two heads are the prime minister and the president. guy: how do you think european politicians will be doing this? we draw a

then, turkey's turmoil. what does political upheaval in turkey mean for europe's deal over the migrant crisis? we will bring you the very latest. ♪ francine: welcome back. let's get the bloomberg business flash with nejra cehic. monte de paschi are higher after posting first-quarter profits that beat analyst estimates. bad loan provisions looking for a buyer to shore up its finances fell. what income fell to 92.3 million euros. that compares with the 23.4 million euro average estimate. arcelor mittal first-quarter profit dropped 33% as the world's biggest steelmaker contended with slumping prices and a decline in iron ore. the company has maintained its full-year earnings target. arcelor mittal shares are lower this morning. shares plunged as markets reacted to the doubling of its recall in the u.s. 40 million airbags will be added to the recall. will collaborate but says it is not aware of any substantial risk from the products in question. tole and sap are teaming up deliver software. it opens a new aven

unless turkey shoots itself in the foot. generally politics don't matter unless there are policies that explicitly upset investors or if there is instability. and instability can come from the immunity on the kurds but that can take a while. the biggest risk is the global risk entree. if i could just jump to trump not doing as well many the polls, this discussion is very important for fur key. september fed hike, you know, that tells me development market economists don't appreciate the emerging market politics. trump is emerging politics and trump will not allow the fed to raise rates when there's 20% unemployment, when he says the u.s. is going into recession, if the fed hikes in september, trump will attack. it will be a gift for him and a terrible political situation for the fed. are we going to get day in the next month or two to cause the fed hike in july? otherwise it's not until november. turkey is depending on the next one or two payrolls in the u.s. >> we'll have to get you back. you also have the managing director

let's talk about the turkey story per you have been talking about turkey already this morning. president erdogan, and the prime minister falling out. the leadership contest the prime minister role set to take place printer prime minister is not on that list, according to people familiar with the story. the prime minister will be leaving by the end is made. raising questions once again about how resilient the turkish democratic institutions are for this power grab that the president has unleashed and it seems that groups saying it is going to be a hot summer in turkey suggesting that it could be more of this to come? manus: when we look at the market reaction, the lira is where a lot of it is playing at. when he goes toward impeachment, assets rallied. it is a different story. in the reaction that you've caught anna:anna:? absolutely, a risk story for the turkish political situation so you mentioned what happened to the currency? i have a chart that shows what happened to the 10 year bonds. this is the yields in turkey so bonds lurking down -- turkey -- declining from an 11th mo

great roundup on all events in turkey. rishaad: coming up, the highs and lows, prime minister modi starting his new term with big ambitions. has he kept his promises? that is next on public markets middle east. ♪ you are back with bloomberg markets middle east. prime minister modi promising to lift millions out of poverty. the coalition is having the strongest election mandate in 20 years. this is his record so far. haslinda: you would have to ask an economist. [laughter] the pace of reforms may have slowed for modi. things have not gone as fast as they would have liked. if you are an investor looking at emerging markets, india has been on a good path but this year, there has been changes. the ruby has not -- the rupee has not performed as well, down 1.9%. indian sovereign bonds delivered, but now, starting to lag behind as well. brazil in russia second to do better there. some people would say that things are beginning to slow down. if you look at what he has achieved -- the economy, that really needed a boost when he c

>> it was a very grim time for turkey. parliamentarians were arrested in parliament, some were taken out in handcuffs and subsequently sent to jail for 10 years. what happened then was a major escalation infighting between kurdish rebels and the turkish state. thousands died on both sides and now the fear is that history could be repeating itself. as we speak, there has been a resurgence of fighting of kurdish rebels and the turkish army. they have said if we go to jail, there is no democratic road left for kurds living in turkey. >> correct me if i am wrong on this, but if everyone prosecution immunity is lifted, that also means that many lawmakers could also be prosecuted, correct? >> that's right. it's very specific, this constitutional amendment. it says those that are presently under investigation, as a whole that party, and that could be a factor why this amendment eventually will they'll because too many people will feel -- will fear that they also could end up in jail. >> doreen, thank you very much. there have bee

>> i don't know, i asked my cousin was it a flying turkey? >> flying turkey? >> i said turkeys don't fly. >> harbors tell me a committee of turkey vultures, that's what group of them has called, showed up about three weeks ago, seemingly living in a vacant and crumbling rowhouse on the block. here they are next-door. the vultures, sometimes called buzzards, seem particularly active on trash day, digging around for a free meal. ingrid bullock has lived on this block for years and says whatever they are called they've developed a bit of a attitude. >> you feel like they're kinds of taking over? >> look, i'm fine as long as they stay up there. but when they come down here, i'm done. >> first time you ever saw them, what was your reaction? >> what is that? >> right. >> and why is it around here? >> cameo and his wife christina live next-door to the squatting vultures. they hear them all night long. >> they sounds like humans, like people walking in the house, and just scratching noises. >> little creepy? >> right. like a horror movie. >> needs bodyguard when he go

it seems to me that as we look is nopiece solution there way to get around the fact that turkey has a large role to play and the turkish president will use that. >> he is -- isn't he concerned about the issue in his orders? guest: we used to believe that -- it seems all aspects of turkish foreign policy are domestic. he is having ramifications far and beyond what we would have calculated. laura: can anything stop his presidential ambitions? guest: it seems we are heading toward a newly -- a new election. we will have to see what the elections fraying and the president has never lost an election. surprised --are will be surprised. watching "bbc world news america." concern over the impact of the zika virus. there is a fight over funding now as well. honors,e deepest lace seven miles beneath the surface of the pacific ocean. scientists are getting a rare glimpse of what lives in the depths of the marianas trench. david: and alien world and export right now by a submarine. one of the strangest and most spectacular sites. a luminous jellyfish pulsing its way through the mariana trench. th

turkey could now face an early election. catherine n.: a tunnel has been discovered between the gaza strip and israel, the israeli government claiming it was built by palestinians to carry out attacks. israel has announced it launched saying it wass, responding to mortar fire. reporter: blown apart in a branded aemolition, terrorist infrastructure site by israel, this company in the gaza strip, specializing in building and drilling, has landed in the crosshairs. it was one of four targets hit by israeli airstrikes thursday, aimed at debilitating suspected tunnels stretching across the border. israel is hitting at the foundation of civilian life on the strip. >> those trucks were not used for military purposes. they have nothing to do with that. our vehicles were used in construction sites in the gaza strip. they were there to construct buildings and their foundations. reporter: the south of gaza was also hit wednesday. israel says it bombarded five hamas-operated sites in the area in response to mortar shells fired towards i

. >> the bank of turkey under army from owners. >> more signs of a slowdown in china, retail sales. as china's group writers- uber car >> -->> it is a cyclic across the emirates, 5:00 in -- it is 8:00 in the emirates, and 5:00 in london. >> thank you for having me on this show. what are you looking at today? enough. strange i'm going to check in on oil primary something interesting going on with the markets. -- but i want to show you the oil market. when we have is traders not missing a beat. this is the white line -- excuse the pun -- but they are pumping up positions. they are taking advantage of the rally to contribute to the net short positions. short positions are the highest in 4.5 years. traders are adding to that for the third straight week. nigeria. this market rally, nearly 4% in know --d april but not only a couple of percentage points in may. do not be left behind. he recited? world awashee the with oil. just too much for some of the players coming out of china. production slumping to the lowest in 14 months. that was a 5.6% drop. certainly bringing on the we look toward

germany's chancellor tells turkey visa free travel to europe will only come after he does what they promised. the usa says it will end a 50 year embargo on weapons sales to vietnam, a move that could affect the balance of power in vietnam navy. anchor: tonight, austria has a new president. only after election that split the country into coup. in two. he was confirmed the winner of one of the closest ever election getting a huge percent of the vote. it was just enough for him to keep away his far right rival. [applause] a presidential walk across the lawn. >> there are not many austrians left unmoved from this election. with a razor thin margin, he won the vote with -- by just 6/10 of 1%. the 72-year-old economics professor is the former green party leader. his win comes largely from support from urban voters. it is important for him to stand the election as an independent. his rival run on an anti- migration platform. his goal was simple. >> in six years time, everyone in austria should be able to say i'm fine or i'm better than six years ago. freedom party candidate defeated -- conceded def

if you are in turkey -- own turkey or greece or russia, you don't know what's going to happen. one of the things we always tell people, it's not just about buying the highest yielders. you are also avoiding the lowest yielders. 70% of the world that -- debt issued by five countries, that yields about 50 basis points. lots of europe has negative yields at this point. just moving away from the guilt -- low yielders towards the high yielders yields a much better portfolio. a potentially more hawkish fed, the maybe does deliver on rate hikes even more in 2016. >> historically if you look at a high-yield portfolio, that portfolio has similar volatility, a little bit higher drawdown historically than the traditional market cap or broad world portfolio. the average scenario where it's not any riskier, rising rates type of environment or even declining rate, is performed well over time in both scenarios. we think it's exceptionally well performed. it is spread between this high-yield portfolio and a global portfolio. it is at higher levels within emerging market bonds. also emerging st

. >> reporter: flying turkey. >> flying tougher keep turkeys don't fly. >> reporter: neighbors tell me a committee turkey vultures a group of them is called showed up about three weeks ago seemingly living in a vacant and crumbling row house on the block. here they are next door. the vultures sometimes called buzzards scene particularly active on trash day digging around for a free meal. ink grilled bullock lived on his block for years and says whatever they're called they've developed a bit of an attitude. >> you feel like they're taking over. >> i'm fine as long as they stay up there. but when they come down here, i'm done. >> reporter: first time you ever saw them what were you your reaction? >> what is that? >> right. >> why is it around here. >> reporter: cameo ali bay and his wife christina live next door to the squatting vultures. they hear them all night long. >> it suns like humans, like people walking in the house and just scratching noises. >> we actually -- >> reporter: little creepy. >> like a huer row movie. >> reporter: kay tea cup yorkie rocco needs a bodyguard when he

we have a long way to go in turkey but we have made some progress. i want to talk about -- how am i doing on time? two? okay. very quickly. series of conferences over this year which will culminate with a president's summit on refugees. we're using these summits to push for greater world involvement in the areas that i just talked about. and finally, a word on resettlement. the united states is the largest resettlement country. we resettle more refugees than all countries put together through unhcr. but it's a small number. the total number of refugees will resettle each year is 1% of the world's refugee population. there is a reason for that. resettlement hasn't been seen since after the indochina crisis as a solution. in the countries where they first fled. what we've done, we resettle people that aren't doing well in the areas where they fled. we take the most vulnerable populations. i'm not putting a value judgment on this. i want to make the point that those that argue for us bringing in many more refugees need to understand this will require fu

both pkk and isis have put turkey in their crosshairs. communityting of the of the deputies, pkk will escalate terror. they killed six people yesterday. isis will escalate terror. very poor season. that may sit uneasy with investors. this is not over by any means. the first objective of the interim government is to enact legislation to allow the president to be affiliated with his party. unfortunately yesterday the nationalist party said it will not support such an amendment. we really have to choices. either it they will cohabitate goil 2019 or he is going to to snap elections. before the end of the year turkey will have another set of earlier elections which is going to be destabilizing for the economy and investor sentiment. manus: you are right. that is a big warning sign in terms of the tourism, etc.. i want to get to the merkel- erdogan relationship. he has her head in a vice-like grip. correct.certainly he did a huge favor to merkel by stepping -- stopping the flow of syrian refugees. the numbers are sharply down. i think down by 9