mark carney crackdown on cryptocurrency. he didn't mince words on bloomberg today about holding the be -- the currency ecosystem mark hamill. amazon i've deeper into music with alexa playing dj. the industry could hit $41 billion by 2030. in the massively competitive food delivery space, doordash

we have been speaking with mark carney about it though currencies. he does not think bitcoin is good but the future of money. >> three ways to measure a reliable,value, clearly anyone who looks at the screen, volatility is 10 times more volatile been sterling. the most important thing is that working as a medium of exchange, how well do you look at it to like good, not that efficient, it cost 1.5 cents -- pence for cash and 8/10 in the u.k. for a debit card. two pounds to use bitcoin on a transaction that going -- transaction basis. it is not that good at doing

day, governor mark carney, 11:00 a.m. do not miss that interview. ♪ francine: economics, finance and politics. this is bloomberg surveillance and ims francine lacqua -- and i am francine lacqua in rome. sunday's election -- the nation will be looking to form the 65th government since forward to. weeks of political uncertainty recbe burdened by the overy. joining us now to look at finance and trade is the director general. overobby represents 165,000 companies. thank you for joining us and braving the wind and rain. what do you want from the election on sunday? want from the atection is a government th dismantles the reforms we have seen put in place. e expect we will have a government and this government will implement the reform process. experiencedness with the italian economy is having a good time. the economy is recovering. .e had a huge increase italian companies are changing and becoming more competitive. they are investing in innovation and skills, and looking for markets abroad. this is the cause of internationa

and mark carney. with a economy that could be in turmoil. equities, 30 minutes away from the friday session.

mark carney cracking down on cryptocurrency. he did not mince words on bloomberg today on holding the currency more accountable. amazon does deeper into music with alexa playing dj. a rise in the industry that could hit $41 billion by 2030. to our lead. in the massively competitive food delivery space, doordash just got a big leg up. softbank is leading an investment in the san francisco-based company. the company is taking on bloomberg needs and a cast of other competitors. joins usceo tony xu for a first on bloomberg interview. great to have you. that is a lot of money for a start up. what do you think justifies this kind of cash? the: the investor matches size of the ambition and the opportunity. billion that $200 happens in restaurant takeout sales. 90% of the time, the customer is still placing an order with a to theall or walking in store. our goal is to serve those customers and also go beyond restaurants emily:. how do you plan to bash go beyond restaurants. emily: to the store. our goal is to serve those customers and a

tom: tim carney, washington examiner. thanks for being with us. i would hope if states feel so burdened. maybe they don't have to put the cuffs on them. but maybe we could could -- couk them to pick up the phone and call the feds. we are going to go to a break. we'll be right back. pssst. what? i switched to geico and got more. more savings on car insurance? a-ha. and an award-winning mobile app. that is more. oh, there's more. mobile id cards, emergency roadside service... more technology. i can even add a new driver... ...right from her phone! geico. expect great savings and a whole lot more. claritin and relief from of non-drowsy symptoms caused by over 200 allergens. like those from buddy. because stuffed animals are clearly no substitute for real ones. feel the clarity and live claritin clear. tom: on this day in 2016 barack obama baipt first president to visit cuba since 1928. castro did not greet him at the airport because they had a hard time starting the presidential limo, a buick skylark. we begin in california where amazon ceo jeff bezo

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and mark carney. with a economy that could be in turmoil. equities, 30 minutes away from the friday session. stocks getting hammered. falling for a fourth day. stoxx 600 ontrack for the first weekly decline since that's the biggest -- the biggest daily drop since february 6. the lowest level since one year ago on february 9. stoxx 600 briefly rallied by 4%. risingthese currencies against the dollar. all about trade concerns. we will talk to adam posen about it. weekend for the euro, days to go before an election in italy. ftse holding onto gains, one of few european benchmarks to do so. the least expensive among their expected earnings in 12 italy and germany. italy and germany. 1.3% is where we are. thursday -- the euro against the dollar has risen to the highest level since april of last year and nowhere near the levels since ahead of the french vote last april. 90 minutes into the trading day in the >> down, that maybe what could be ahead of this possible trade war. president trump proposed tariffs, the eu says we will not sit idly while

mark carney makes mario draghi look like a hawk. it's time for the bank of england to get off the floor. the data ishough mushy and inflation is at a peak, that does not worry you? >> you have seen the real economy pick up in england. mark carney keeps talking about wages and they are in fact going up. >> that's what central bankers pay attention to. david: what will to rate hikes due to the pound? >> it has been going up on expectations. $1.40 orin about $1.30. above that level, it's go a lot -- is got a lot of space so that's where we see the pound move if it breaks above those. >> we can have rational discussions about rate hikes in other countries in the followthrough effect in the currency but yet you cannot have the same discussion about the dollar. alix: that's a great point. what about the gilt market? they have been really the outperform her. >> if you see that projection in it's performing in capital losses. rates will then go up in that market. at some point, the same way in u.s. treasuries, you will see a really attracti

he did not mince his words, really tough words from mr carney. what is he so concerned about? they are tough words. the issue that we have with cryptocurrencies and the issue all around the world with these is the fact that, of course, they are unregulated. but they have such massive swings in price. that is the most worrying thing. if you are an investor in bitcoin or any of these cryptocurrencies, you have to have deep pockets with your investment. you can be very much in the money, in profit with trading, or you can be out of the money, very ugly. what mark carney is doing is giving a warning, yes, but he is trying to protect people's money if they are investing in cryptocurrency. the whole point of this being the signs ofa whole point of this being the signs of a bubble is very true. when you see something that goes up so dramatically and so quickly, often the downside when it finally does burst, all we do see negativity with it, the downside is equally as aggressive. that would be the worrying point. he was tough on a number of other things, tougher regulation. 0ne number

leadership so he's not really expected to remain german foreign minister because of that at the same time he carney is the most popular politician here in germany so having avoided that live of no votes now having the strength and the backing to go into a grand coalition the debating is certainly not over. the social democrats i think that the the potential fighting is just really coming to a head on who will be going into those ministries but we did learn that they will have three men and three women going into i'm going to michael's cabinet so we might actually see a fifty fifty male female cabinet here in germany that's went. well it is now official the social democrats will enter this next german government with a chance america and we're just listening to mr they're looking at the numbers simon and you know there were around three hundred sixty eight thousand votes that were valid from party members around two hundred thirty nine nine thousand voted yes it was around one hundred twenty three thousand who voted against what are your reactions from those numbers and also what we saw this complet

calledeech, mark carney narchy."s to end the "a the ecosystemld to the same standards as the rest of the financial system. he said digital currencies have failed as a form of money. he expanded on those thoughts as he spoke to bloomberg after the speech. >> there are three ways to measure a currency. is it a store of value, reliable, can hold a stable value? , the volatility of the coin is 10 times more volatile than sterling. important thing is that working as a medium of exchange, how well can you use it to buy goods? it is not that efficient. about two pounds to use big going on a transaction basis . you layer on top of that the envirostarm -- the environmental costs and other factors, it is not as good as doing is what it is supposed to do. it does point them -- point the way to the future of money. the glass half-empty. we are not worried about it displacing conventional currencies, but it does throw a andlenge to central banks those who oversee payment systems and markets of how to reorganize those to better se

governor carney demonstrated the feature this calling 911 is the best and contact emergency officials. texts should be short and include location and if police or fire or ambulance stories later today beginning at 4:00 p.m. that includes a college student who dropped out in 2016 is refusing to leave her dorm re a warning t procrastinating could put your personal information at risk. >> parents want their children to be healthy. there's a thing moms comes to track. accuweather coming up next at noon always we watch for another nor'easter, meteorologist karen rogers will have the exclusive accuweather seven-day forecast when "action news" comes right back. >> all right meteorologist karen rogers back with a close are look at an interesting workweek forecast. >> reporter: how much do you like interesting whether? >> that's auphomism. >> reporter: it's dry to start. it's chilly with the breeze, let's go outside and see whatgs breeze, sky6 live hd looks 20 m ourfrom friygoing tog ofio itothrm set a of ath the thiseioit's nhe alo prninggive y bad thfsthon nday w nor'ete on >> hello, again h

kennedy: tim carney, thanks so many. the white house announced the president will unveil new gun control and safety controls tomorrow. it will be interesting to see if he pushes become against the nra. brian sandoval and rick scott have changed their tune following massacres in their state. president trump: there is nothing to be afraid of. we have to fight them every once in a while, that's okay. kennedy: democrats have dug themselves in. but will the story impact the 2018 elections? bre peyton is here along with comedian jimmy failla, and columnist at the daily beast, anthony fisher. welcome, everyone. let's discuss a little bit. obviously there is going to be a lot of pushback from very vocal and passionate people on this issue. but i still think everyone is waiting for another crisis to sweep this off the front page. it's been a relatively slow couple news weeks since the shooting and it's rare to lunger on an issue for so long. does it have legs going into the mid-term? >> i don't think it has legs going into the mi

jerome powell takes center stage today and tomorrow mark carney's turn. fed likely to raise rates and the boe for one inmate. joining us in -- one inmate. -- in may. neil mackinnon is joining us. the first appearance of the new fed chair, a wildcard. not all appearances are as polished as later ones, is that a factor today? he has been around it. is it a factor today that it is his first big day? neil: i would not think so, he is a federal reserve governor. he has made many speeches over the years. he has already had his inauguration testimony which was regarded as -- hawkish and bullish on the u.s. economy. he will sail through all of this. mark: what is the tone? how hawkish and balanced? neil: as far as the markets, a lot in terms of the pocket tilt -- hawkish tilt, three quarter-point rate hikes expected and the probability of a fourth hike this year is rising. , ifess that the market risk you would call it that, is not as hawkish as everyone thinks. i think that the first rate hike, we should remember, that should coincide with the increase in the ru

in a speech in edinburgh mr carney branded cryptocurrencies a "failure", a lottery and said they exhibit the "classic hallmarks of bubbles" that attract "fools". the food standards agency is to hold "a major review into the sites where meat products are processed and stores in the uk". it follows a series of incidents in the last six months over hygiene rules. it said people rightly expect food businesses to keep to the rules, rules designed to keep consumers safe and to sustain public trust in food — and food businesses have a duty to follow the regulations. initial findings are expected in june. the serious fraud office is to seek a retrial of three, tesco executives relating to a quarter of £1 billion accounting scandal at the supermarket chain. the original trial was halted after the tesco for me ukfinance trial was halted after the tesco for me uk finance chief suffered a heart attack. he, chris bush and the former commerce food directorjohn scored all deny the charges. president trump has been tweeting again. some really good ones, we're going to get them up, they are quite fun.

. >> mel brooks, david bowie, art carney, muhammad ali. >> but the weirdest thing about this story... >> and it's really solid. nothing's going to fall off. >> ...is how the square from the burbs ends up with both. >> i can only imagine this driving around the streets of new york. >> will this two-for-one strange inheritance -- >> i've got $150, can get a $175? once, twice. first piece sold. >> ...ultimately add up? [ door creaks ] [ wind howls ] [ thunder rumbles ] [ bird caws ] >> i'm jamie colby, and today and i'm in the pocono mountains of pennsylvania on my way to meet an heir with a head-spinning story that will take us back to 1970s manhattan, the era of punk rock, disco and wild parties at studio 54. >> my name is hugh hooper. back in 2008, my brother hoop received a very strange inheritance. when he died three years later, he left one twice as strange to me. >> hugh, hi. i'm jamie. >> how are you doing, jamie? nice to meet you. >> so great to meet you. you know, i don't come out of manhattan for just anything, but i heard your inheritance is way cool. >> it is. it's crazy. bu

., but there is less action expected with carney said to hold on rates and guidance. i am francine lacqua in brussels. we are looking at brexit. michael mckee in washington, d.c., he is snowed in. we are looking at the fed and what you heard from the fomc, and of course looking at mark carney and inflation. ,ichael: an awful lot going on but the big story in washington was the snow. all towns shut down yesterday, except for the fed. -- the

governor john carney helped demonstrate the enhanced 911 feature this morning. officials stress that while texting is now available, calling 911 is still the best and fastest way top contact emergency personnel. they say texts to 911 should be short and include location and if police fire or ambulance service is needed. >>> habitat for humanity joining forces with the organization esperanza to rehab 20's homes in the hunting park section of philadelphia. the rehab success story number one. "action news" reporter jeanette reyes was there. [speaking foreign language] >> reporter: this morning homeowner an jill colon gave us a tour of his home after more than $20,000 worth of renovations were done by habitat for humanity philadelphia. completely free of cost to him. >> i am very, very grateful for everything they done on my house. i hope god bless you every one of them. >> reporter: just under a year ago colon's roofer was falling apart, water was leaking into the living room and he had no heating or air conditioning. unable to afford repairs, he was forced to use

as carney sign. an individual body cannot be made liable for such a complex phenomena feeling feeling one to which hundreds or thousands millions of factors have been contributing for many many years of these of eyes of a disney you are contributing to the situation on the other side of the world in four rule that you young is referring to by. the. hand we thought the clock. the german court will hear arguments. on says that if the energy giant house to pay damages it will have consequences. not just for the company but the private individuals as well. and or murder. alternately were the plaintiffs to win it would mean anyone could make a case against anyone i miss you want if it was. everyone can be held responsible for carbon emissions. frequent flyers tourists. other industrial companies other energy providers freight companies. you had often been one of them could be liable for carbon emissions. for their contribution to climate change however minor under. coming german court rule on internationa

in the wonderful andrew bailey who hopefully now scuppered his chances of taking over from carney but you know the f c a's toothless they're frightened of r.b.s. they're frightened of lloyds they've even said publicly we can't afford a legal action with these banks so that's something that's got to be looked at but you mentioned theory i'm so theory i'm a major global fund they looked at my case and they decided on merit they said look we know you're high profile in the u.k. your famous person or wherever we are nervous you might want your day in court a big perry mason moment and i said no i don't i would still like to negotiate a settlement with lloyds they looked at the merits and they said we're funding so for many millions of pounds i don't have to worry and the case is even insured so in the i think unlikely event the judge found in lloyd's favor i still cannot lose a penny and that is that is a serious game shifter i mean as i said lloyds banking group deny all these allegations go in there to sue us you're afraid they're going to disturb you mork lloyds banking group regularly

in the wonderful andrew bailey who hopefully now scuppered his chances of taking over from carney but you know the f c a's toothless they're frightened of r.b.s. they're frightened of lloyds they've even said publicly we can't afford a legal action with these banks so that's something that's got to be looked at but you mentioned theory i'm so theory i'm a major global fund they looked at my case and they decided on merit they said look we know you're high profile in the u.k. your famous person or wherever we are nervous you might want your day in court a big perry mason moment and i said no i don't i would still like to negotiate a settlement with lloyds they looked at the merits and they said we're funding so for many millions of pounds i don't have to worry and the case is even insured so in the i think unlikely event that a judge found in lloyd's favor i still cannot lose a penny and that is that is a serious game shifter i mean as i said lloyds banking group deny all these allegations you know in the us you know of regular you understand that you mork lloyds banking group regularl

established parties stop them and to discuss that question i'm joined here in the studio by matthew carney chief europe correspondent for politico he says europe's populists are here to stay if traditional mainstream parties fail to reinvent themselves it's only a matter of time before the fringe supplants also with us ellen posner a columnist with the berlin david de velde who argues that political parties alone can't stop the rise of the far right civil society from trade unions to soccer clubs needs to rally around liberal democracy and a very warm welcome to to share of the inch watts trees a french german journalist who just published a book about the role of. family under the nazis and geraldine says the emergence of europe's far right populists is linked to the way in which individual european countries have since the second world war tried or not tried to come to terms with their history all very interesting stuff going to begin with you alan alan posner and it was just a couple of days ago that the far right alternative for germany party here in germany for a moment at least actua

carney was tricked into serving a maximum of two five year term. syrian government and russian air strikes killed forty people injured dozens and rebel held east and women and children are among the latest victims in the offensive to take the last remaining rebel stronghold there's serious capital. and the u.s. presence is north korea's promise to hold missile tests ahead of his meeting with leader kim jong un trumper speaking at a rally in pennsylvania has been no official comment from pyongyang on the proposed meeting nor the missile tests. china's commerce minister has called for cooperation with the u.s. in a bid to avoid a trade war present troubles for posing a twenty five percent tariff on steel imports and ten percent on aliment but junction warned that china is prepared to take to issue its own response. there is no winner in a trade war that can only bring disaster china to us and to the whole world china does not want a trade war china will not initially launch a trade war however we are capable of handling any challenge and we resolutel

established parties stop them and to discuss that question i'm joined here in the studio by matthew carney chief europe correspondent for politico he says europe's populists are here to stay if traditional mainstream parties fail to reinvent themselves soon it's only a matter of time before the fringe supplants also with us ellen posner a columnist with the berlin daily develop two argues that political parties are lovely can't stop the rise of the far right civil society from trade unions to soccer clubs needs to. rally around liberal democracy and a very warm welcome to to share of the insurance trees a french german journalist who just published a book about the role of family under the nazis and geraldine says the emergence of europe's far right populists is linked to the way in which individual european countries have since the second world war tried or not tried to come to terms with their history all very interesting stuff going to begin with you alan alan posner and it was just a couple of days ago that the far right alternative for germany party here in germany for a moment at lea

bank of england governor mark carney says cryptocurrencies are challenging the central banks that posed no real threat when it comes to replacing traditional. >> we're not worried about displacing sterling or the u.s. dollar or conventional currencies, the out money. it does draw a challenge to central banks. how to reorganize organize them to better serve customers. the 90th academy awards take place in los angeles tonight. the oscar for best picture could be the closest race in years. one person bet $14,000 earlier this week. global news, 24 hours a day. i'm christine harvey, this is bloomberg. ♪ xi jinping yousef: thanks, christine. pushing ahead with growth plan in saudi arabia. meanwhile the kingdom expanding refinancing. martinrg news matthew joins us. what have you been hearing exactly? yousef: matthew: what we have managed to pick up, but we have seen is the kingdom has been able to take an extra $6 billion. it's priced everybody when it took a $10 billion loan. now, it is taking another $6 billion from them. given the budgetary shortcomings, this will be helpful. it demonstra

in the wonderful andrew bailey who hopefully now scuppered his chances of taking over from carney but you know the f c a's toothless they're frightened of r.b.s. they're frightened of lloyds they've even said publicly we can't afford a legal action with these banks so that's something that's got to be looked at but you mentioned theory i'm so theory i'm a major global fund they looked at my case and they decided on merit they said look we know you're high profile in the u.k. your famous person or wherever we are nervous you might want your day in court a big perry mason moment and i said no i don't i would still like to negotiate a settlement with lloyds they looked at the merits and they said we're funded so for many millions of pounds i don't have to worry and the case is even insured so in the i think unlikely event that a judge found in lloyd's favor i still cannot lose a penny and that is that is a serious game shifter i mean as i said lloyds banking group deny all these allegations go in there to sue us you know of regular sue us understand that you mork lloyds banking group reg

europe's far right parties stop them and to discuss that question i'm joined here in the studio by matthew carney chief europe correspondent for politico he says europe's populists are here to stay if traditional mainstream parties fail to reinvent themselves it's only a matter of time before the fringe supplants them also with us ellen posner a columnist with the berlin davey d. felt who argues that political parties alone can't stop the rise of the far right civil society from trade unions to soccer clubs needs to rally around liberal democracy and a very warm welcome to to share of the inch wide streets of french german journalist who just published a book about the role of family under the nazis geraldine says the emergence of europe's far right populist. it's linked to the way in which individual european countries have since the second world war tried or not tried to come to terms with their history all very interesting stuff going to begin with you alan alan posner and it was just a couple of days ago that the far right alternative for germany party here in germany for a moment or at least

established parties stop them and to discuss that question i'm joined here in the studio by matthew carney chief europe correspondent for politico he says europe's populists are here to stay if traditional mainstream parties fail to reinvent themselves soon it's only a matter of time before the fringe supplants them also with a solid posner columnist with the berlin daily detail to argues that political parties alone can't stop the rise of the far right civil society from trade unions to soccer clubs needs to rally around liberal democracy and a very warm welcome to to share of the inch wide streets of french german journalist who just published a book about the role of her family. under the nazis geraldine says the emergence of europe's far right populists is linked to the way in which individual european countries have since the second world war tried or not tried to come to terms with their history. all very interesting stuff going to begin with you alan alan posner and it was just a couple of days ago that the far right alternative for germany party here in germany for a moment at leas

constitution paves the way for xi jinping to remain in office beyond twenty twenty three he does a carney was tricked it's a maximum of two five yet. ovation china is taking place on the same day as a by election in hong kong where the pro-democracy camp is a mean to win back veto power in the legislature a number of protesters have been arrested by police shortly off to the polls high. and syrian government and russian as strikes killed forty people on saturday and injured dozens more in rebel held east and women and children are among the latest victims of the offensive to take the last remaining rebel stronghold mysterious council. here is president says north korea is halting its missile tests ahead of his meeting with leader kim jong un donald trump was speaking at a rally in pennsylvania where he praised china and south korea for helping build a dialogue with the north has been no official comment from pyongyang on the proposed meeting nor on the tests mike hanna has more from washington d.c. throughout the day president trump was upbeat about the proposed face to face meeting with

established parties stop them and to discuss that question i'm joined here in the studio by matthew carney chief europe correspondent for politico he says europe's populists are here to stay if traditional mainstream parties fail to reinvent themselves it's only a matter of time before the fringe supplants them also with us is alan posner a columnist with the berlin david de velde who argues that political parties alone can't stop the rise of the far right civil society from trade unions to soccer clubs needs to rally. around liberal democracy and a very warm welcome to to share of the inch watt streams of french german journalist who just published a book about the role of family under the nazis and geraldine says the emergence of europe's far right populists is linked to the way in which individual european countries have since the second world war tried or not tried to come to terms with their history all very interesting stuff going to begin with you alan alan posner and it was just a couple of days ago that the far right alternative for germany party here in germany for a moment at le

and what does it mean for mark carney? ian: the labor market is tight compared to the u.s. this is part of the discussion at the bank of england about the potential rate increases. you have to set this against what will be a period of weakness for the economy. we know that household finances are under pressure. we're tightening fiscal policy. itting it all together, and inflation to fall in britain this year. the bank of england needs to tighten as much as markets. i don't think that the hike is a done deal. i don't think it is the certainty the markets think it is. the economy is beginning to feel the drag from brexit because the uncertainty is becoming overwhelming. i am struggling to see when we will see any clarity. when we do see their tea, it is not obvious -- clarity. francine: when are you expecting clarity? -- should and can we the base case assume that we won't know what brexit looks like until the 11th hour? ian: absolutely, this is the way it goes with elections. there will be an extended transition. -- transition period. most of the trade with europe will remai

question is married to trump still trying to his posse call him reports is not the only investigation carney looking into his dealings with jared kushner often seen but rarely heard always at the center of power but also controversy and now once again facing questions about meetings he had at the white house with business c.e.o.'s who soon after loaned his family company hundreds of millions of dollars his lawyer tells al-jazeera the white house counsel's office did look into the meetings but says they quote concluded there were no issues involving jared there have been plenty of issues surrounding the president's son in law the f.b.i. recently said he wouldn't be given clearance to see the nation's top secrets they didn't say what their investigation uncovered but there have been constant questions about his family's business and his role in the government much of it goes back to this manhattan building six six six fifth avenue at the height of the housing bubble kirshner paid a staggering record setting amount for it one point eight billion dollars next february he has to come up with six

., but there is less action expected with carney said to hold on rates and guidance. i am francine lacqua in brussels. we are looking at brexit. michael mckee in washington, d.c., he is snowed in. we are looking at the fed and what you heard from the fomc, and of course looking at mark carney and inflation. ,ichael: an awful lot going on but the big story in washington was the snow. all towns shut down yesterday, except for the fed. -- the whole town shut down yesterday, except for the fed. francine: you have the inside scoop on the fed. let's get straight to the bloomberg first word news. taylor: president trump is set to carry through with threats against china. today, the president will announce $50 billion in tariffs against china. a number of u.s. companies believe it could hurt the economy and believe china is ready to retaliate. congress is playing beat the clock with a budget bill. last night, congressional leaders released a spending plan for the rest of the fiscal year that increases the defense budget and provides money for fencing on the border, and the op

you are going to lock up everyone who smells like booze, would you probably have to handcuff all the carneys working the rides. she was released later that day. and she says the easter bunny sold hire some bad grass. you try smoking that stuff. you try shooting peeps. a chinese space station is expected to come crashing down to earth in the next few days. it could be fiery disaster. dr. michio kaku next. - this is bad, especially if you need to get to a bathroom a lot. used to be me, before urinozinc with the ingredients in the special formula that can help you with your problem day and night, and supports a healthy, normal prostate. urinozinc, the number one prostate health brand. and supports a healthy, normal prostate. sarge, i just got a tip. that'll crack this case wide open! turns out the prints at the crime scene- awwwww...did mcgruffy wuffy get a tippy wippy? i'm serious! we gotta move fast before- who's a good boy? is him a good boy? erg...i'm just gonna go. oh, you wanna go outside? you gotta go tinky poo-poo? i already went, ok? in the bathroom! as long as people talk baby-talk to

the jail here on water street will be reviewed and new video surveillance will be put in place.steve carney/corrections chief "....body worn cameras will be activated any time a corrections officer enters a housing unit to ensure contacts are recorded and increasing the number of stationary cameras will ensure that blind spots in the facility are covered...."the female inmate was provided with counseling and and assured that she would have no further contact with del real. investigators believe there was just the one incident with her but are reaching outnto current and former inmates in search of other possible victims.rob fladeboe/santa cruz "....officer del rio was fired and is now out of jail after posting a $50,000 dollar bond. he is scheduled to be arraigned next week. in santa cruz rob fladeboe kron 4 news (steve) a popular podcast has resulted in a convicted murderer getting a new trial. adnan syed gained national attention after his case was the featured on the podcast "serial." the maryland special court of appeals issued an opinion in the adnan syed case. the circuit court for ba

we heard from mark carney, the bank of england chief saying, the crypto assets you have in your wallet today will not be those you have in the future. how do you know bitcoin is here to stay? >> as i mentioned before bitcoin , will be one of many major protocols, but it is proof of work security protocol aspect of am a bitcoin and its immutability which will guarantee its long-term success. bitcoin itself is working on off chain transactions like lightning network, which will basically allow the bitcoin blockchain to be used in transactions that will be able to process transactions per whereasion second, these up and mastercard max out at 50,000 transactions per and second. is how the bitcoin blockchain will remain relevant, because of the security base. but it is a smart contract protocol, it is the glue and logic that operates all the code. there's going to be three to five other protocols that maybe haven't yet been created. but we are still in a nascent stage of this asset class, it is a $500 billion asset class and rbc projected it could be a $10 trillion asset class. we are bulli

and kim carney has lived in the house next door for nearly 30 years and said her neighbor just moved in last year and it is not the first time that somebody attacked his cars.>> he has had his tires slashed multiple times. someone else to a molotov cocktail into one of his other cars.>> reporter: the police department said the prior case is a part of the investigation. what the department needs to know as soon as possible is who this man is who casually lit a car on fire with a cigarette in his mouth in broad daylight. >> we need to get him off of the street before he continues with this type of brazen activity. >>> coming up, details are emerging from a bizarre case of a russian working as a british spy poison. government officials in england and russia are bowing to get to the bottom of what happened. the ross spring dress event. it's here. where you'll find the perfect dress at the perfect price. whether you want to stand out from the crowd or dance the night away. from a weekend getaway to that special celebration. if you want to save big on dresses for every occasion, you've got

we heard from mark carney, the nk -- how do you know "is your to stay? be one ofoin will many major particles but it is the proof of work and the security protocol aspect of bitcoin and its immutability that will guarantee its long-term success. bitcoin itself is working on off chain transactions like lightning network, which will allow the bitcoin blockchain to be used in transactions will be able to process one million econd,ctions per s whereas the zen master card have 50,000 transactions per second, and is how the bitcoin blockchain will remain rather looked because of the security-based has -- but the protocol is also important and it is the smart contract protocol, it is the glue and logic that operates all the code. there's going to be three to five other protocols that maybe haven't yet been created. but we are still in a nascent stage of this asset class, it is a $500 billion asset class and rbc projected to be a $10 trillion asset class. we are bullish and absolutely agree, and when you buy shares of hut 8 -- we are laying industrial sized data

you are going to lock up everyone who smells like booze, would you probably have to handcuff all the carneys working the rides. she was released later that day. and she says the easter bunny sold hire some bad grass. you try smoking that stuff. you try shooting peeps. a chinese space station is expected to come crashing down to earth in the next few days. it could be fiery disaster. dr. michio kaku next. feel the clarity of non-drowsy claritin 24 hour relief when allergies occur. day after day, after day. because life should have more wishes and less worries. feel the clarity and live claritin clear. about type 2 diabetes.with some surprising facts so you have type 2 diabetes, right? yeah. yes i do. okay so you diet, you exercise, you manage your a1c? that's the plan. what about your heart? what do you mean my heart? the truth is, type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. and with heart disease, your risk is even higher. but wait, there's good news for adults who have type 2 diabetes and heart disease. jardiance is the onl

carney said the combined global market value is less than 1% of global economic output and they are not yet substitutes for traditional currencies. ahead of the g20 meeting, there is confusion about america's economic hotline with china. the royal court said washington had dumped a long-standing dialogue created by then paulson.treasury hank the senior treasury official said washington was disappointed at beijing's expanded role in the economy but said -- global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i am ramy inocencio. this is bloomberg. ♪ haidi: thank you for that. the next should bring as confirmation of who is taking the helm at the people's bank of china. some say the deputy governor has been selected to succeed. let's get to beijing. tom mackenzie there with us in the last days of the national people's congress. this guy is in fact the one. does that suggest continuity when it comes to the pboc strategy? because he has been in the pboc since 1997 and more importantly, he has been under the watch of the leader for almo

the bank of england government mark carney says cryptocurrencies like bitcoin are failing when it comes to fulfilling the role of money. he spoke at the european headquarters in london. concerned with it replacing conventional money, but it does present a challenge. attorney has called for cryptocurrency a changes to be regulated. global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. >> what's get a recap of today's market action. u.s. stocks rising into the close. 71 points and for the week from a paltry indexes was around. italian to vote for a new parliament on sunday. here now to discuss the possible ,utcomes in their ramifications copresident and he joins us from london. thank you for taking the time to speak with us. we have five star in the next minister ofrime italy three which party has the most momentum heading into the polls? say. is difficult to we have not seen polls from the last two weeks. though sony is a phenomenal campaign. is able to give away the simple tosage that could be crucial 20% to 25% voters. it has been on the

. >> mel brooks, david bowie, art carney, muhammad ali. >> but the weirdest thing about this story... >> and it's really solid. nothing's going to fall off. >> ...is how the square from the burbs ends up with both. >> i can only imagine this driving around the streets of new york. >> will this two-for-one strange inheritance -- >> i've got $150, can get a $175? once, twice. first piece sold. >> ...ultimately add up? [ door creaks ] [ wind howls ] [ thunder rumbles ]

mark carney noted that even at their recent peak the combined global market value of cryptos represent a fraction of the world economy. less than 1% of global gdp he noted that blockchain has the potential to improve the world's financial system, improve. some see this as a turning point for how world regulators might view this space. don't make any mistake about it. bitcoin is still firmly in bear market territory down 60% near the peak 20,000 in december that's nothing new bitcoin's seen four bear markets since it was created in 2009 there's plenty of head winds ahead. twitter, you know about this planning to ban cryptocurrency ads from its platform following similar moves by facebook and google and president donald trump just passed an executive order banning any transactions with the u.s. that involve digital coins issued by the venezuelan government >> thank you, bob. is a bitcoin bear market over? let's check in with our resident bitcoin baller brian kelly who is all the way in hong kong at, where else, a crypto conference. he joins us now over the phone from the swanky mandarin

mark carney will speak later today. john did not call it a policy mistake. the dollar is lower, sterling is up. he called it an unnecessary risk to the marketplace. it is a risk that the bank of england is taking. the dollar is generally lower. the futures are down. you have those awful retail sales trying to break that data down a little bit. it is a collapse in terms of retail sales. they drop by 2% month on month. that is going to be under pressure. paris is down by 33%. the dollar and the bonds. they are all coming under a little bit of pressure. this is the dollar index. jpmorgan saying the dollar will be weaker on any activity. it dropped by 8.5% last year. it has been declining since 2004. the imposition of tariffs like will do nothing other than distort trade. ultimately it will lead to a loss in jobs. you have seen prices ride, yields fall. the trump tariffs are sparing a rally in the bond market. we will talk more about that in a moment. crude is dying. could it oil production in the united states more expensive? let us have a look at the bond mark

also, i'm sure we will be listening to mark carney when he talks cryptocurrencies. he would join us shortly. this is bloomberg. ♪ mom, dad, can we talk? sure. what's up, son? i can't be your it guy anymore. what? you guys have xfinity. you can do this. what's a good wifi password, mom? you still have to visit us. i will. no. make that the password: "you_stillóhave_toóvisit_us." that's a good one. seems a bit long, but okay... set a memorable wifi password with xfinity my account. one more way comcast is working to fit into your life, not the other way around. retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. tarde war. message rate war. -- a trade war. the nation is looking to form the

the next day it's mark carney's turn of the bank of england. friday will hear from russia's central bank. they've had an interesting run when it comes to dealing with inflation. we will hear exactly what she's doing on that front. sheets.th us, and her andrew, friday u.s. consumer confidence. let me pick up the chart. the u.s. consumer is getting quite positive at the moment. if you take a look at some of the other data, the backs this up. big part of the u.s. economy. with confidence on the front foot and feeling good, why are we soon as mindset that we don't believe in the fed must get ahead of the curve rather than being at the curve are behind the curve. andrew: i do think there's some risk that the fed becomes more hawkish. in that pushes the dollar up. ultimatelyme up and drives not necessarily a hawkish fed at the market perception they are shifting that direction. the other point is that dynamic where consumer confidence is quite high and the fed continues to hike and tightened and take policy into restricted territory is actually prett

governor carney was at the new castle county public safety building to make that announcement this morning. the texting has already proven to be valuable. county officials say a woman texted for help while they were testing the technology. police responded and were able to help her with a domestic violence case. officials stress thatting 911 should only be used when calling is impossible ordangerous. >> volunteers are revitalizing a philadelphia neighborhood one home at a time. today angel alonzo colon showed off his freshly renovated house along north fifth street in hunting park. habitat for humanity teamed up with esperanza to repair colon's leaking roof. they also installed a brand new hvac system. that's $20,000 worth of upgrades given top -- to colon for free. >> everybody wins. we have a better north philadelphia, everybody has a home and we're taking care of someone who has been a philadelphian for a long time. >> this was the first of 20 homes in hunting park slated to receive a makeover. all thanks to this neighborhood transformation project. all of the work is funded by a $50000

now the strongest force in that coalition if they would team up together they could form a government carney that's the only option the only thing is that i've talked to the leader of the five star movement reach of the myall only a couple of days ago and he made very clear to me this is he said categorically no to such a coalition he said the real threat for europe the real threat for italy are far right parties of the sorts of marine le pen the german a.s.t and then he specifically named. as a threat to italy ok so a big shift a big upset there in italy what are the implications of this election for the european union. i'd say ever since bracks said both far right and far left the populists in italy have toned down their rhetoric their euro skeptic rhetoric rhetoric dramatically they have seen that marine le pen in the french elections with euro skeptic complain it was not successful and so they moved away from this the real threat for europe here is a dysfunctional italian government a hung parliament with weeks off of of haggling of horse trading that will distract from the solving the a