real estate sales in dubai fell in the first seven months of the year. stubbornly low oil prices weighed on the region. there are signs of a revival. we put a question to the ceo deputy chairman of emirates. beginningsed from the on the balanced portfolio. own 30 year we leases and invest in properties to make them attractive. in the current market, tenants are keen on limiting cap-ex. we are doing it for them. environment, you prices,ump in oil property prices in the region dropping. you manage to increase total property income in nine months. culturederstanding the and the desires of the local consumer? boils to a few things. in the current market, you can buy property, so we are heavy on acquisition in the moment. therefore, it helps you having good numbers. as i said previously, we invested a lot in existing properties. we fitted them out at good rates. angie: just checking your performance here, despite all you said, despite this increase, the strong results, stocks were up less than 1% monday. i am just checking here in my bloomberg terminal. if yo

live from dubai, i am desley humphrey. emerging markets have been at the losing end as >> that setback is largely because of structural change. you say 85% of your current he is no longer valid and that was a brave move ye. it all comes together like a jigsaw and now we have the picture. comes backk economy into the real economy, the one that has taxed and in government control, we will see substantially higher gdp, substantially bigger economy and more opportunities for the future. i think there is some pain to be the first quarter of next year we will see the equity market take off. did you see the impact firsthand of the smaller denominations and talk -- being taken off? there was also the red tape cute you saw that firsthand. first wepenniless the go is there. i was using a few dollars. there is a profound feeling of helplessness which i can understand. you can imagine that across the havery, people just don't the small notes or access to a bank that they have had for decades. the feeling of the corporate's in particul

i'm manus cranny in dubai. angie: i'm angie lau in hong kong. panasonic has slashed its profit forecast because of falling profitability. it's expecting an operating profit of $2.3 billion, 12% lower than analysts were expecting. panasonic is struggling with a stronger yen. manus: honda raised its fully profitable the band of suvs in china. net income is nearly $4 billion, 6% above the previous outlook. over 7%. upgraded the company says it is open to possible joint ventures. angie: we are watching shares of japanese airlines. its targets by 15% because of lower international demand. jal maintains its yearly target. shares of both companies looking like this right now. >> the bank of japan says it will not hit its 2% inflation target. we already knew they blew past the two-year mark. what was significant here? the inflation forecast for 2017 and beyond that as well -- it seemed to push back the timing of when it will achieve its target. ohe full forecast for 2017 t 1.7%. it pushed back the projected timing. 2% inl increase towards the second hal

live from dubai, i am tracy alloway. dubai real estate values can do to moderate. the decline takes the annual rate of change to -7.4 percent. where is the market suffering the most and are there any bright spots on to buy's property horizon? joining me now, a head of research -- the numbers here are pretty amazing when you look at how far property values have fallen 2008.the peak in late down 20% and still sliding. how much further do we have to go? interesting the market continues to suffer across the board. i think that this masks the performance of the market. ,n the periphery of the city they have seen very little movement over the past nine months or so. we are seeing further declines and that is linked to the performance of the economy. that is linked to the creation of more positions. what we have seen is the decline of across the board. the decline -- tracy: the decline of the top tier how much of that is losing interest in the market rather than fewer ceo's positions being created and that's her than? >> it's a bit of both, i would say. we are a diverse e

for those who are outside of dubai's legal system this comes across as an out rage. it's a tourist worst nightmare. what we've gleamed from the information, this woman who was from the uk in her twenties was visiting on vacation when she reported that she had been raped. she took that complaint to the police and she said she'd been raipd. as part of the police investigating the case they also turned around and detained the woman, the alleged victim in this case was detained and her passport was confiscated and she was charged with having sex outside of marriage which is a criminal violation here in dubai. so because of her passport has been confiscated she is now effectively trapped here in the country until this case gets resolved and as far as official comment goes, the dubai government is not commenting on this, the dubai police are not commenting before this and clearly what we found here on the ground is that this has become a very sensitive case because it deals with foreigners and it deals with an image that dubai may not want to publicize. it is a place of am

however, is it all about dubai and could we soon see a shift away from dubai? the lesser known emirate is fast becoming a destination in the gulf state. we have the ceo of ras a ras al khaimah tourism development. you continue north, you go through another town and come to ras al khaimah. >> you know the area quite well. it's a 45-minute drive from dubai to ras al khaimah, and people can find many new things to do when they arrive as opposed to dubai. dubai is a great city escape, great leisure, luxury shopping, the tallest tower in the world, we have managed to preserve authenticity. there's more nature to experience. we have the highest mountains in the uae at 1,009 meters high. and the stunning desert and sea are within proximity. you have to think about you could zip line in the mountains, dive in the sea, and actually do a desert safari all over one day. >> why not go to somewhere that is more known, such as dubai and just drive a half hour and find the same? there are other developments where you don't have to go quite as far. >> you find the difference i

manus: i'm manus cranny in dubai. three foreign banks are opening in tehran, according to the central bank vice governor. boost foreigng to investment after reaching an international sanctions deal last year, but european lenders have kept their distance. they fear they are breaching remaining u.s. sanctions. bank is said to have its best year advising in the middle east on deals back at least a decade. this as its new strategy in the region begins to pay off. it is now ranked as the top adviser on deals for the middle east, and africa targets so far this year. to dataccording compiled by bloomberg. it was unranked in last year's tables and have cracked the top five since 2009. emirates says unauthorized thrown activity in your dubai international airport is disrupting thousands of passengers. airline says it has launched three drone incidents since june. one closed the airport for 80 minutes, diverging were delaying 22 flights. in september, 85 flights were delayed. emirates is encouraging authorities to take measure

. ♪ ♪ we are in downtown dubai with the self made billionaire. let's talk about -- behind me i see the hotels, many of which you run. coming on board, are you planning to buy more land and build more in dubai? -- af: it is not 600 manus: 1600. khalaf: where looking at the hotel and theaters. polo resort. [indiscernible] for the time being we are holding. the market not bad at all. manus: has brexit impacted your occupancy? khalaf: we have a lot of british coming. a lot of coming to our beaches and resort. 20%ink because every bit of , you go somewhere else, the hotel room is expensive. manus: what about [indiscernible] how would you describe the residential market, twice as soft? khalaf: it depends on location. with the university and certain , the price will not drop any penny in case we decide to sell. manus: you are not prepared to drop prices. market asf commercial well, are you still optimistic? ipowhole group is linked to . will you ipo the business in 2017? khalaf: we will look at data for ipo's in 25 years from now. at the time i say no,

tracy: and i am tracy alloway in dubai. dhabi sovereign investment fund posted a first cap loss after its stake and credit slump. any are merging to create it entity with assets of $125 billion and debt of about $42 billion. they recorded a $91 million loss, compared to $1.3 billion and profit a year earlier. whichold 5% of credit, stock fell 62% in the first six months. recommends ank capital increase. the board will submit recommendations for an extraordinary general meeting in march. they will also approve a plan to be introduced. developmentbusiness needs more details, they will be released after the regulatory green light is received. tracy: saudi arabia is teaming up with china to build solar projects in morocco. construct three photo fields, combined one hundred 70 megawatts. morocco wants half of its energy to come from renewable sources by 2030. it is the only country in north africa without significant fossil field reserves, and imports over 90% of its energy. engaging with young people and boosting innovation hav

i'm tracy in dubai. hong kong, where it has just gone midday. to bloomberg markets: middle east. >> all right. this, it continues to be dollar story-- dollar story. because we've seen the index a little breather today. still rallying in asian stock continues. >> that's exactly right, heidi. the dollar has come off a little today. but over the past few weeks, the rally has really been quite stunning. a chart here. take a look at this. we've had a more than two deviation, appreciation in the u.s. dollar over the past two years. actually, two standard deviations, two weeks in a row, something that's only supposed 2,000pen about once every times, assuming a normal distribution of probabilities, perhaps we shouldn't be assuming that much anymore. but still, quite stunning. development that has a lot of impact on the rest of the world, as you know. >> yes, tracy. the asianmes to session, we do have quite a bit of upside. in thefluctuations morning. the tokyo session, we had that hit early this morning. 2/10 by 1%.p around that 1/10 handle. got the sen

theing us now, we have capital of dubai ceo. thank you. we were waiting, waiting, waiting for devaluation. don't worry 5%. down the sky captain. where do we go next? is there more to come from the 45% devaluation? >> it is a float. it is how much the central bank will interfere in this. i expected to overshoot in the short-term. you look at the evaluation, everyone is looking between the 11 and the 13, and that is why they started at the 13 level, but it overshoots the 16. is it going to overshoot to the 16? the government or the central bank are trying to get their liquidity from a black market. that is going to take time and there will be a lot of speculation there. and since you have a lot of demand and very little supply, you have rates still going on. i think you're going to be quite unstable. this gives to my question. we have seen previous devaluation attempts by the central bank. what makes this time different? ahmed: because it was a managed reallyand that never works, especially with a country that imports everything. this is a p

dubai, egypt, and qatar -- all to focus on today. you, they rose 1.5 percent, the highest since september. the rsi is at 70. just checking in on egypt there. we pop that in for a little bit of a difference. you have a nice move from egypt. of course, a big rally there. the seventh day, a stay in a row , led by the big banks. we have not seen that in a month. look at that egyptian market go. onfell a little bit earlier the open market yesterday. angie? right, manus, thanks. we are focusing on china after trade. month of sluggish we have steven angle here to break down all of the numbers. what does it all mean? >> it means global demand is still weak and a weekend of you yuan has not benefited exporters. the numbers are lower than forecast by economists. oferts saw a bell curve 6.3%. 10% follow september's fall. seven straight months of export following now. we were expecting a fall of just under 1%. imports, too, those have been in contraction now for 23 out of 24 consecutive months. it's improving, but were some expected in october.

half past 10:00 in dubai. daybreakterview during in london. >> let's get a quick check of the is business headlines. after hours,g beating expectations in the third quarter. forecast chairs of 12% this year. ctrip agreed to buy a startup for $1.7 billion. airbnb is assisted be in talks to expand its presence in china. the to have a separate meetings, and talks will advance with a deal likely. local is facing challenges. the company has $75,000 and properties in china, and staffing has increased tenfold. >> the giant will cut its capital spending, including filing additional cost savings by $2 billion by the end of 2017. mining companies continue to streamline operations are it earlier this year, it's worst since 2004. >> thailand is selling an investment company or, a wider effort to control state-controlled enterprises. beneficial to bloomberg's work in the same way -- the enterprises are planning $12.5 billion of investment in 2017, the equivalent of 3% of gdp. is saudi arabia the thumbs-up. that is up next.

it's very interesting because this has become a very sensitive case here in dubai. we did reach out to the british conciliate and they said quote, notice how this statement is, they say they are supporting a british woman in relation to the case and remain in contact with her family and, we have raised the case with the uae government and would like to see it progress as quickly as possible. we know they're helping this woman but we don't have more than that. we have spoken to a government official that told us this is a sensitive case and they won't say anything on the record and neither will the police in dubai. it's a very, very sensitive time now. specifically because dubai's brand or it's image in the rest of the world is that it's a very friendly place to werners and tourists. it's a place of amusement parks and skyscrapers and beaches. so this is the last thing they want publicized to the rest of the world. >> live for us in dubai. thank you for being with us, sir. we appreciate your reporting. south korea's corruption scandal is intensifying. the opposition

we are just under two marketsay from emirates in dubai. let's take a quick check of how they closed across the region yesterday. a mixed bag. dubai, one of the biggest gainers, .7. >> we are doing a quick check of markets open in asia. mumbai trading for almost 20 minutes now. you can see, it is a mixed picture across the board. we are seeing gains in the hang seng index. a 12 day streak yesterday, we did not make it to lucky number 13. it does not look like it will snap back in terms of recovery. lower. let's check in with first word headlines. here is haidi. haidi: samsung electronics has extended record highs after signaling a potential split as soon as next year. the plans to create a whole new structure was created to improve shareholder value and reduce criticism. the founding family would also see improvements. up more than 30% this year. more evidence that a rate rises coming next month. the governor saying the case has strengthened. speaking in indianapolis, he said unemployment and inflation were topics. moving too slow, could tr

dubai has no income tax so this is his way of giving back. >>> all right. well let me show you what we had today on halloween, unbelievably warm temperatures. records at pueblo and colorado springs, we tied the record here in the denver area. look back at the month of october. coming in now is the second warmest on record with the average temperature of almost 58 degrees. that's the high and the low. tied with 1934 and 1963. but still two degrees shy of the warmest ever and that was in 1950 which ended up the winter of '50, '51 was quite snowy. we'll see what happens. this was the lasttevening of october. a very pretty scene as the kids were heading out to trick or treat with some beautiful colors in the comfortable evening to be out. but here is a look back at the highs today statewide. and they were something else. even in the mountains the 60s and the 70s. the cooler spot is 54 degrees at leadville. hot spot almost 90 at lamar. high temperature then in denver was 79. 20 above the normal. the low temperature this morning was 52. the normal low is at 31. r

manus: i am manus cranny in dubai. pressure on the president of south korea after prosecutors said she did play a role in pedaling influence and access. collusion,ations are and some of her close allies have already been indicted. give us an update here at -- update. yesterday, her longtime friend was indicted, as two former aides. friend was charged with coursing businesses to donate to foundations that she controlled. the allegation is that she siphon that money for her own personal use. one of the former aides as well as another one for sharing classified documents. in the indictment, the more interesting element that is making the news is of course that the prosecutor has alleged that the president had played a major role in this extortion scheme. the allegation is that she basically pressured major companies, for instance samsung and hyundai, to donate tens of millions of dollars, a total of 65 million dollars, to two foundations that she controlled. it is a scandal not going away. what are the chances that she co

much more to come from dubai. this is bloomberg. ♪ back. welcome this is the best of bloomberg markets middle east. where are the opportunities in the u.k. you will my guest take advantage of the drop in sterling? take a listen. >> we have invested a lot of .oney now here for the time being, we're holding. the market is not bad at all. >> has brexit impacted your occupancy rates at all? it's 20% more expensive for me. there must be less brits. are there? >> if they go somewhere else, the hotel rooms are more expensive. it comes out the same. >> how would you describe the residential market here? our prices soft? >> depends on the location. >> so you are not prepared to drop your prices? in terms of the commercial well, areiously as you still optimistic for that? .hat is inextricably linked will you ipo the business in 2017? androbably we may try update our ipo, since 25 years now. i decide to say no for a reason. if i do not make money for the people, i cannot sleep. i am responsible. the day i can sleep when i can give the minimum 10%. >>

. >> see, in dubai the thing is, as long as you work in dubai, you can live in dubai. but what if you leave the job? we have to go back to pakistan, which we don't want to. >> reporter: noreen and shehry iqbal thought they had a surefire way to avoid a returnav to their native pakistan. >> it's not a safe country. >> it's got a lot of security challenges. >> reporter: he's a flight attendant for dubai's national airline; she was too, until thei had kids. their plan: sock away enough of their salaries to buy their wayf into america. via the eb-5 visa program, which grants green cards, and eventually u.s. citizenship, to foreigners and their immediate families. just invest half a million dollars to create at least ten full-time jobs in either a rural project, or an urban area with a high unemployment rate. >> we saved even the allowance money, i can say that. it's so embarrassing for us to tell somebody that allowance money is for you to eat, but we used to save that also. >> reporter: oh, you mean the money that the airline would give you. >> on your flight to have your

. >> see, in dubai the thing is, as long as you work in dubai, you can live in dubai. but what if you leave the job? we have to go back to pakistan, which we don't want to. >> reporter: noreen and shehry iqbal thought they had a surefire way to avoid a return to their native pakistan. >> it's not a safe country. >> it's got a lot of security challenges. >> reporter: he's a flight attendant for dubai's national airline; she was too, until they had kids. their plan: sock away enough of their salaries to buy their way into america. via the eb-5 visa program, which grants green cards, and eventually u.s. citizenship, to foreigners and their immediate families. just invest half a million dollars to create at least ten full-time jobs in either a rural project, or an urban area with a high unemployment rate. >> we saved even the allowance money, i can say that. it's so embarrassing for us to tell somebody that allowance money is for you to eat, but we used to save that also. >> reporter: oh, you mean the money that the airline would give you. >> on your flight to have your fo

it now appears the first track could be built in dubai. one of the routes being considered is between dubai and abu dhabi. hyperloop is headquartered in north las vegas. developers say it would take only 12 minutes to travel over 100-miles. the owner of a valley apartment complex claims he can't demolish his building... because of squaters who refuse the complex near sahara and las vegas boulevard has caught fire five times this year... including on sunday night. investigators say squatters are likely to blame for starting each of those fires. even after sunday night's fire... we caught squatters trying to move back into the property. still, the property owners says he is taking steps to try and demolish the building within the next couple of weeks. this morning... a man wanted in a home invasion that police say resulted in murder--- has been arrested. cody sullivan was arrested business. investigators say the 18 year old is one of the men in this surveillance video that was recorded near twain and torrey pines. police believe sullivan and

watch as this stunt man sprints across the edge of a towering skyscraper in dubai. he effortlessly leaps from one ledge to the next and runs along the evening of the building. dubai attracts as you might note by watching this broadcast over time a lot of thrill seekers from across the globe. when i talk with my producer, i always ask, do we have any video from dubai, and very frequently the answer is, you betcha. up next, donald trump says the country would face a constitutional crisis if hillary was elected president. >> her election would mire our government and country in a constitutional crisis that we cannot afford. folks, we have to get back to work. we have to get back to work. lou: when is the last time you heard somebody say that. we have got to get back to work. trump economics advisor here next to talk about the trump gary, gary, gary... i am proud of you, my man. making simple, smart cash back choices... with quicksilver from capital one. you're earning unlimited 1.5% cash back on every purchase, everywhere. like on that new laptop. quicksilver keeps thi

inley: i am desley humphrey dubai. to continue our discussion on the opec decision, you bought shale. it has not been focused on this much this time around. a cut in output puts the shale producers in a better, worst position? >> in the increase in prices in oil is good for them. their cost is higher than regular oil producers, but opec has an then taking them into consideration for a long time, and they should have a representative of the shale oil producers in opec along time ago. elaborate,w me to liberat the commodities super cycle is ending. the demand is not there. that is why prices are lower. interventions do not work in these markets. pumping billions of dollars are trying to cut production is not the right way. this is a market that deals with supply and demand. there is no demand. it is simple. the technology is changing less dependent on oil. the problem is bigger than cutting 2 million barrels a day. your view is that it is the disruptive technologies. >> look at tesla today. you have big production of car

palace inhe taj dubai, and the one in new york. but on the fourth of november, independent directors expressed confidence in him. they are wondering in the boardroom what to do about mistry. is fighting back, no doubt about it. how is he pushing back? did issue a, tata statement, saying there were concerns about mistry's time as chairman. he says he boosted the net worth to 62%.s of tata'sid some investments were of a questionable nature. the finger-pointing when on. angie: thank you so much for that. for we let you go, a small factor, long-distance winner in the presidential election. fancy dress masks, and the demand for the donald trump edition has exploded. producing 300 50 masks a day, up from just a handful before the vote. they also produce celebrities like president obama. the demand for a hillary clinton model is now low. as they say.ics, and that is it for us on this addiction of -- this edition of "bloomberg markets: middle east ." ♪ >> is the inherent in hong kong. i'm angie lau with an update on the stories. opec has

dubai's relationship with iran is critically important. that relationship could come under pressure under a trump administration. that is back to the may lows. ini in ourng-market m region. angie: the latest from markets right now. still very much risk off. have a look at equity markets. you have bright spots here and there. what is standing out his japan. lifting the overall tide. earnings coming through when -- when japanese markets closed. at the moment, none of that matters. i will talk more about currencies. when you look at what has been equities, not just have a look at the bond markets, the currencies there. the benchmark is down close to 5% from friday. across asia today, volume's have take the, and when you have falling prices and spiking does not bode well for sentiment. cliff are falling off a comes stabilizing come if you will. new zealand managing some gains coming off a strong earthquake, which is why you're getting a decline at of new zealand. have a look at currencies. valor flexes its muscles against most. musclesr flexes

>> now, what started as the first launch is the center of a american emirate and this take place in dubai in 2020 and the idea that passengers could take actual trips in four years has officials in las vegas thinking about a very bright future. >> i see them multiplying on the successes in the near future. >> reporter: the question is where will the future be other than the dubai project? this is spacex and they have right? this is the actual first model sold to a country, so the question now, where is that manufacturing going to happen, which is a question all across nevada. >> like the bank drive-through. thanks, john. now caught on camera, a florida mayor fights back after a robber snatched her pursue. the police say they having coffee at starbucks and she ran after them. the robbers pulled out a gun before the struggle and the mayor called police after the short case and they arrested two suspects and mayor birch was not hurt. >> here's one we can all embrace, about 250 nevada national guard soldiers back home after the deployment in the in the house for this reunion. >> cheers there

life in dubai, i'm tracy alloway. manus cranny. never far from our agenda. his economic advisers saying that he may not stick to the public in orthodoxy or positions from his campaign. what is emerging over the weekend and his actual position versus those a great hyperbole in the run-up to his victory? >> as we kind of expected this will be an unpredictable presidential administration. i think trump is showing he is beholden to nobody in washington, probably the first president who can find that. i think congressional republicans probably should be as worried as kratz about what this president may do. have we seen any indication as to who may have influence over trump at this time? >> i think it is clear his family is the most influential source in his life, his daughter , may be ofar, ivanka particular moderating influence on him, particularly when it comes to health care and women's issues such as the funding planned parenthood which is been a republican goal for some time now. manus: obviously we saw the media fest, trump arriving at the white house, spen

manus cranny is with us in dubai. good morning. let's talk more about oil prices because as we have seen in many years gone by, the two have been negatively correlated, though that is not so right now. yousef: there is a clear correlation between the relationships and the has turnedtrade positive for the first time in a very long time. this has happened three times only in the last five years. we have seen the stronger dollar and oil prices. we did have data file from the baker hughes index. that should traditionally, at least but downside pressure on the price of oil. that is currently not happening. the number of positions being taken in the futures market is the highest in nine years. on oile will th see bets prices. japanese equities are doing well today and partly, that is an energy story. matt: absolutely. as far as the dollar and oil relationship, the opec news flow will trump the u.s. trump dollar. asian equities are rising. for the iisx is set longest rally since 2011. the news this morning is iran and iraq will signal a d

>> seth: anyways, so you go to the trump dubai party. trump tower dubai. it was incredibly over the top. it was at this huge mansion in bel-air. wolfgang puck, the famous chef, there preparing hors d'oeuvres with his own two hands. sprinkling them with 24 carat gold dust. literally. >> seth: perfect, yep. >> and serving them up to the crowd. cirque du soleil performers in full regalia were there, kind of stalking on stilts above the crowd. christina aguilera sang a cappella. >> seth: that's fantastic. can't beat that. >> it was a good valet waiting for my beat up mitsubishi to be pulled up to the line. and i looked into my gift bag and there was an ipod touch for each person. i just had this moment of thinking, all right, this is the beginning of the end. we are about to collapse under the weight of our own excess. you know? and but it was -- it was this anything -- you know, if -- when the world falls apart, anything could happen. and that's so scary but it's also kind of electric and exciting in a way too. >> seth: that was pretty close to when it actual

>> seth: anyways, so you go to the trump dubai party. >> so yeah. so i went to a party for the trump tower dubai. it was incredibly over the top. it was at this huge mansion in bel-air. wolfgang puck, the famous chef, there preparing hors d'oeuvres gold dust. literally. >> seth: perfect, yep. >> and serving them up to the crowd. cirque du soleil performers in full regalia were there, kind of stalking on stilts above the crowd. christina aguilera sang a cappella. >> seth: that's fantastic. can't beat that. >> it was a good time. and so then i was in line at the valet waiting for my beat up mitsubishi to be pulled up to the line. and i looked into my gift bag each person. i just had this moment of thinking, all right, this is the beginning of the end. we are about to collapse under the weight of our own excess. you know? and but it was -- it was this moment where i felt like, okay, anything -- you know, if -- when the world falls apart, anything could happen. and that's so scary but it's also kind of electric and exciting in a way too. >> seth: that w

>> seth: anyways, so you go to the trump dubai party. >> so yeah. so i went to a party for the trump tower dubai. it was incredibly over the top. it was at this huge mansion in bel-air. there preparing hors d'oeuvres with his own two hands. sprinkling them with 24 carat gold dust. literally. >> seth: perfect, yep. >> and serving them up to the crowd. cirque du soleil performers in full regalia were there, kind of stalking on stilts above the crowd. christina aguilera sang a cappella. >> seth: that's fantastic. can't beat that. >> it was a good time. and so then i was in line at the valet waiting for my beat up mitsubishi to be pulled up to the line. and i looked into my gift bag and there was an ipod touch for each person. i just had this moment of thinking, all right, this is the beginning of the end. we are about to collapse under the weight of our own excess. you know? and but it was -- it was this moment where i felt like, okay, anything -- you know, if -- when the world falls apart, anything could happen. and that's so scary but it's also kind

there was a mixed picture in dubai. they were up initially in the day but closed down, dubai down almost half a percent. tadawul was up. we are going to check in on the first word headlines. here is sophie. trump hasnald abandoned his pledge to prosecute hillary clinton as he explains his agenda for the white house. he looked her in the eye and said if he were president she would be in jail. now he says he has no intention of pursuing clinton over her use of private emails saying such a move would be divisive. facebook is key to reenter china. it has created a tool to censor information in the country. while it may please beijing they return his -- is by no means certain. trans asia shares fell by the daily limit after the board said the airline is to shut down. after two disastrous crashes they said they cannot pay notes due next week. closuree said to reject and will fight the plan. they are calling other creditor banks today to discuss other proposals. >> in the quarters of this year the company lost 70 million u.s.

>> seth: anyways, so you go to the trump dubai party. >> so yeah. so i went to a party for the trump tower dubai. it was incredibly over the top. it was at this huge mansion in bel-air. wolfgang puck, the famous chef, sprinkling them with 24 carat gold dust. literally. >> seth: perfect, yep. >> and serving them up to the crowd. cirque du soleil performers in full regalia were there, kind of stalking on stilts above the crowd. christina aguilera sang a cappella. >> seth: that's fantastic. can't beat that. >> it was a good time. and so then i was in line at the valet waiting for my beat up mitsubishi to be pulled up to the line. and i looked into my gift bag each person. i just had this moment of thinking, all right, this is the beginning of the end. we are about to collapse under the weight of our own excess. you know? and but it was -- it was this moment where i felt like, okay, anything -- you know, if -- when the world falls apart, anything could happen. and that's so scary but it's also kind of electric and exciting in a way too. >> yeah, it was

>> seth: anyways, so you go to the trump dubai party. >> so yeah. so i went to a party for the trump tower dubai. it was incredibly over the top. it was at this huge mansion in bel-air. wolfgang puck, the famous chef, there preparing hors d'oeuvres gold dust. literally. >> seth: perfect, yep. >> and serving them up to the crowd. cirque du soleil performers in full regalia were there, kind of stalking on stilts above the crowd. christina aguilera sang a cappella. >> seth: that's fantastic. can't beat that. >> it was a good time. and so then i was in line at the valet waiting for my beat up mitsubishi to be pulled up to the line. and i looked into my gift bag and there was an ipod touch for i just had this moment of thinking, all right, this is the beginning of the end. we are about to collapse under the weight of our own excess. you know? and but it was -- it was this moment where i felt like, okay, anything -- you know, if -- when the world falls apart, anything could happen. and that's so scary but it's also kind of electric and exciting in a way t

>> seth: anyways, so you go to the trump dubai party. >> so yeah. so i went to a party for the trump tower dubai. it was incredibly over the top. it was at this huge mansion in bel-air. wolfgang puck, the famous chef, with his own two hands. sprinkling them with 24 carat gold dust. literally. >> seth: perfect, yep. >> and serving them up to the crowd. cirque du soleil performers in full regalia were there, kind of stalking on stilts above the crowd. christina aguilera sang a cappella. >> seth: that's fantastic. can't beat that. >> it was a good time. and so then i was in line at the valet waiting for my beat up mitsubishi to be pulled up to the line. and i looked into my gif and there was an ipod touch for each person. i just had this moment of thinking, all right, this is the beginning of the end. we are about to collapse under the weight of our own excess. you know? and but it was -- it was this moment where i felt like, okay, anything -- you know, if -- when the world falls apart, anything could happen. and that's so scary but it's also kind of e

>> seth: anyways, so you go to the trump dubai party. >> so yeah. so i went to a party for the trump tower dubai. it was incredibly over the top. it was at this huge mansion in bel-air. wolfgang puck, the famous chef, with his own two hands. sprinkling them with 24 carat gold dust. literally. >> seth: perfect, yep. >> and serving them up to the crowd. cirque du soleil performers in full regalia were there, kind of stalking on stilts above the crowd. christina aguilera sang a cappella. >> seth: that's fantastic. can't beat that. >> it was a good time. and so then i was in line at the valet waiting for my beat up mitsubishi to be pulled up to the line. and i looked into my gift bag and there was an ipod touch for each person. i just had this moment of thinking, all right, this is the beginning of the end. we are about to collapse under the weight of our own excess. you know? and but it was -- it was this moment where i felt like, okay, anything -- you know, if -- when the world falls apart, anything could happen. and that's so scary but it's also kind

>> seth: anyways, so you go to the trump dubai party. >> so yeah. so i went to a party for the trump tower dubai. it was incredibly over the top. it was at this huge mansion in bel-air. with his own two hands. sprinkling them with 24 carat gold dust. literally. >> seth: perfect, yep. >> and serving them up to the crowd. cirque du soleil performers in full regalia were there, kind of stalking on stilts above the crowd. christina aguilera sang a cappella. >> seth: that's fantastic. can't beat that. >> it was a good time. and so then i was in line at the valet waiting for my beat up mitsubishi to be pulled up to the line. and i looked into my gift bag and there was an ipod touch for each person. i just had this moment of thinking, all right, this is the beginning of the end. we are about to collapse under the weight of our own excess. you know? and but it was -- it was this moment where i felt like, okay, anything -- you know, if -- when the world falls apart, anything could happen. and that's so scary but it's also kind of electric and >> seth: that w

>> seth: anyways, so you go to the trump dubai party. >> so yeah. so i went to a party for the trump tower dubai. it was incredibly over the top. it was at this huge mansion in bel-air. wolfgang puck, the famous chef, there preparing hors d'oeuvres with his own two hands. sprinkling them with 24 carat literally. >> seth: perfect, yep. >> and serving them up to the crowd. cirque du soleil performers in full regalia were there, kind of stalking on stilts above the crowd. christina aguilera sang a cappella. >> seth: that's fantastic. can't beat that. >> it was a good time. and so then i was in line at the valet waiting for my beat up mitsubishi to be pulled up to the line. and i looked into my gift bag i just had this moment of thinking, all right, this is the beginning of the end. we are about to collapse under the weight of our own excess. you know? and but it was -- it was this moment where i felt like, okay, anything -- you know, if -- when the world falls apart, anything could happen. and that's so scary but it's also kind of electric and exciting

>> seth: anyways, so you go to the trump dubai party. >> so yeah. so i went to a party for the trump tower dubai. it was incredibly over the top. it was at this huge mansion in bel-air. wolfgang puck, the famous chef, there preparing hors d'oeuvres with his own two hands. literally. >> seth: perfect, yep. >> and serving them up to the crowd. cirque du soleil performers in full regalia were there, kind of stalking on stilts above the crowd. christina aguilera sang a cappella. >> seth: that's fantastic. can't beat that. >> it was a good time. and so then i was in line at the valet waiting for my beat up mitsubishi to be pulled up to the line. and i looked into my gift bag and there was an ipod touch for i just had this moment of thinking, all right, this is the beginning of the end. we are about to collapse under the weight of our own excess. you know? and but it was -- it was this moment where i felt like, okay, anything -- you know, if -- when the world falls apart, anything could happen. and that's so scary but it's also kind of electric and exciti

>> seth: anyways, so you go to the trump dubai party. >> so yeah. so i went to a party for the trump tower dubai. it was incredibly over the top. it was at this huge mansion in wolfgang puck, the famous chef, there preparing hors d'oeuvres with his own two hands. sprinkling them with 24 carat gold dust. literally. >> seth: perfect, yep. >> and serving them up to the crowd. cirque du soleil performers in full regalia were there, kind of stalking on stilts above the crowd. christina aguilera sang a cappella. >> seth: that's fantastic. can't beat that. >> it was a good time. and so then i was in line at the valet waiting for my beat up the line. and i looked into my gift bag and there was an ipod touch for each person. i just had this moment of thinking, all right, this is the beginning of the end. we are about to collapse under the weight of our own excess. you know? and but it was -- it was this moment where i felt like, okay, anything -- you know, if -- when the world falls apart, anything could happen. exciting in a way too. >> seth: that was prett

>> seth: anyways, so you go to the trump dubai party. >> so yeah. so i went to a party for the trump tower dubai. it was incredibly over the top. it was at this huge mansion in bel-air. wolfgang puck, the famous chef, there preparing hors d'oeuvres with his own two hands. gold dust. literally. >> seth: perfect, yep. >> and serving them up to the crowd. cirque du soleil performers in full regalia were there, kind of stalking on stilts above the crowd. christina aguilera sang a cappella. >> seth: that's fantastic. can't beat that. >> it was a good time. and so then i was in line at the valet waiting for my beat up mitsubishi to be pulled up to the line. and i looked into my gift bag and there was an ipod touch for each person. i just had this moment of thinking, all right, this is the beginning of the end. we are about to collapse under the weight of our own excess. you know? and but it was -- it was this moment where i felt like, okay, anything -- you know, if -- when the world falls apart, anything could happen. and that's so scary but it's also kin

>> seth: anyways, so you go to the trump dubai party. >> so yeah. so i went to a party for the trump tower dubai. it was incredibly over the top. it was at this huge mansion in bel-air. wolfgang puck, the famous chef, there preparing hors d'oeuvres with his own two hands. sprinkling them with 24 carat gold dust. literally. >> seth: perfect, yep. >> and serving them up to the crowd. cirque du soleil performers in full regalia were there, kind of stalking on stilts above the crowd. christina aguilera sang a cappella. >> seth: that's fantastic. can't beat that. >> it was a good time. and so then i was in line at the valet waiting for my beat up mitsubishi to be pulled up to the line. and i looked into my gift bag and there was an ipod touch for each person. i just had this moment of thinking, all right, this is the beginning of the end. we are about to collapse under the weight of our own excess. you know? and but it was -- it was this moment where i felt like, okay, anything -- you know, if -- when the world falls apart, anything could happen. and tha

it now appears the first track could be built in dubai. one of the routes being considered is between dubai and abu dhabi. hyperloop developers say it would take only 12 minutes to travel over 100-miles. track running by 2021. stores-v new this morning, "kenneth cole" has announced they're closing nearly all of their stores. the retailer has 63 stores across the country, including three here in las vegas. it's not clear if the stores in our city will shut down. kenneth cole plans on keeping two stores open. the company says they'll continue to sell items through other retailers and online. in healthy living this morning, depression..especiall y girls. according to a new study out in the journal of pediatrics.. the risk for girls is up four-percent over the past decade.. and two-percent for boys. researchers also found a lot of teens aren't getting treatment. right now.. only 10-percent of teenagers with a history of depression see their primary care doctors for it. some wounded warriors were honored with some fun here in las vegas. yesterd

easy and effortless, but last year they through near an airbus 380 circling the tallest build figure dubai. absolutely amazing they can him do that. >>> just ahead, a thanksgiving tradition, which dog was issued best in show? meteorologist bonnie schneider is out there. >> a little rain n england. for those of you traveling this weekend, watch how we are anticipating delays saturday a and sunday. watch out for that, windy weather if denver. another huge day for travel. that's a look at the big weather story of the day, now, here's a closer look at the di ahead. temperatures are cool into the great lakes, highs into the 40s in cleveland. further to the south, it's mild degrees in miami. >>> degrees in miami. >>> . >> so, frances, we are looking at very warm conditions in florida. many down there for thanksgiving. >>> still ahead the trump ten. is donald trump really to blame for america's latest weight gain. when nationalities collide, chaos, especially when it's on tv on a tv talk show. . >>> it is a thanksgiving fate for millions. the national dog show t. big winner, gia the gre