the family is just an would possibly face arrest in dubai. the family isjust an up would possibly face arrest in dubai. the family is just an up evils and would possibly face arrest in dubai. the family isjust an up evils and i think it's going to take this particular woman a long time to recover. her daughter thankfully is back home with family. but how aware was she of the internet was that exist in the uae? welll was she of the internet was that exist in the uae? well i think that no one would be aware of the kind of cybercrime laws that exist in the uae and that's particularly because the british fco does not warn people, it's not on their website andi people, it's not on their website and i had to go today and they still have not updated the laws to... sorry, the warnings to tourists of just how severe these laws can be. i spoke to paris her daughter last night and she is very upset. she went over there to pay respects to her father who just died and she was welcomed by being detained in a foreign legal system and she has just been throu

dubai is one place that wa nts to consumers. dubai is one place that wants to cash in on our caffeine addiction, repeating a trick it is already performing with tea. the arab world's love affair with coffee dates back 600 years. the first cup of coffee is thought to have been drunk in yemen where suffi mystics roasted beans bought in ethiopia. now dubai hopes to bring coffee back to arabian roots. we already consume 500 billion cups of coffee every year. that figure will increase with demand driven by millennial is. some of that coffee is being processed here in dubai at this new centre where producers from latin america and asia pay to have beans clean, roasted and blended. the coffee is then stored, ready to be re—exported to european customers on demand, speeding up thejourney from crop to cup. we see the potential for dubai to become the global coffee hub, connecting the producing countries to the consuming markets around the world. producing countries to the consuming markets around the worldm producing countries to the c

he is portuguese and for part of that time, they lived in dubai. she came to live in london with her daughter who is now 1a and she was quite shocked a short time after that to receive divorce papers which went through and into thousand 16, she logged onto facebook and saw that her husband had remarried. she said she was angered by this and she put these two insulting posts on facebook and i suppose thought very little of it. 2018 pedro died in march last month and she decided to ta ke march last month and she decided to take their daughter to his funeral in dubai and when she landed, she was immediately detained because the cybercrime was in dubai are quite tricky in. there are a lot of things that can be considered illegal there. like insulting posts on facebook and even support for charities not registered in dubai and get you into trouble. but a lot of people won't know this when they go to visit. a popular place for many british people to go. a lot of brits go there on holiday or to work as well. they don't recognise how strict these laws can

some of that coffee is being processed here in dubai. producers from around the world pay to have their beans clean, roasted and blended, it's then exported to customers on demand speeding up the journey from crop to cup. we see potential for dubai to become a global coffee hub connecting the producing countries to the consuming markets around the world. it's a recipe borrowed from the success of the country's t industry. dubai's de centre currently processes $100 million of tea every year. —— tea. it surprises customers. we find that in australia and the uk that it took tea up to four months to get to the consumer because they were shipped from india to kenya and then forward onto australia and new zealand. but 110w onto australia and new zealand. but now we're doing all of in here and clearly it has reduced the lead time by half stop almost all coffee processed here as re—exported, an increasing amount is sold locally in the uae. thanks to the growing love of artisanal booze, it seems that the coffee business has little sign of e

laleh shahravesh brought her teenage daughter back to the uk from dubai three years ago. soon after, she got news that her husband in the uae was divorcing her. months later, she saw on facebook that he'd got remarried. in a fit of anger, she posted, "you married a horse, you idiot". a few weeks ago, her ex—husband died. ms shahravesh and her daughter arrived in dubai for the funeral, but were detained as the police responded to a complaint from the woman she'd insulted. her daughterflew home, while ms shahravesh awaits a court appearance. her emotional state is really, really terrible, really, and i've spoken to her daughter, her sisters and mother. the whole family is suffering tremendously as a result of this. the foreign office is in contact with the authorities in the uae about this case, and says it's supporting the family. its travel advice on the country does warn about the dangers of criticising people in the uae online and says there can be serious penalties there for things which are not illegal in the uk. jamie haren from stirling was sentenced to a three—

the representative of the detained in dubai organisation. charlie rowley — who survived last year's novichok poisonings in wiltshire which killed his partner — says he "didn't really get any answers" after meeting the russian ambassador in london. mr rowley said he still believed russia was responsible for the attack — and he was fed russian propaganda during the meeting. simonjones reports. charlie rowley arrives at the embassy with one key question for the russian ambassador. "did your country kill my partner?" a 90—minute meeting set up by the sunday mirror nine months after the death of dawn sturgess. she was killed after coming into contact with a perfume bottle containing novichok, the same nerve agent used in an attack on the former russian spy sergei skripal and his daughter, yulia. they were found seriously ill on a bench but survived. scotland yard says there is sufficient evidence to charge two russians captured on cctv in salisbury for conspiracy to murder. the ambassador insisted he was prepared to answer questions from

i spent 22 months in jail, dubai, didn't you? i spent 22 months injail, five months of that dubai, didn't you? i spent 22 months in jail, five months of that was fought social media posts, something that in my case was impossible for me to do and after five months in jailfor me to do and after five months in jail for that, me to do and after five months in jailfor that, after me to do and after five months in jail for that, after seven court hearings, i was finally acquitted and asi hearings, i was finally acquitted and as i said, it's very much point and as i said, it's very much point and accuse and then investigate later and that's very much the problem, you got a city whose laws have not kept up with the pace of development. it does seem unthinkable that this woman will be given that kind of sentence though. i think it's unlikely. the cybercrime laws were introduced after the arab spring. dubai is essentially a dictatorship but one with a good pr firm and they essentially introduced these to clamp down on dissidents and they

imean would possibly face arrest in dubai. i mean the family isjust in peoples andl i mean the family isjust in peoples and i think it is going to take this particular woman a long to recover. the foreign office in london and saying it is providing support to laleh sharavesh and her family. saying it is providing support to laleh sharavesh and herfamily. but it has been fairly ineffective for something next eight on the diary is thursday when she will appear in court and will have to see what happens than simply been, thank you very much indeed. let's take a look at some of the other stories making the news. the british premise or theresa may says a risk of brexit will not happen unless a deal can be reached with labour. cross-party talks are being taking place to break the stalemate. if no extension is agreed the uk could leave the eu next friday. more evacuations are planned in southwestern iran where further rain is expected to worsen floods which have already killed dozens of people. women and children are being moved from

british academic matthew hedges was doing research in dubai when he was jailed for espionage. the foreign office helped secure his release last year and hopes it can do the same for ms shahravesh. 0ur diplomats in the uae have enormous experience in dealing with consular cases, as we saw from the matthew hedges case. and so she is getting the best possible service from the fca. her facebook insult could cost her two years in prison. she has told her lawyer she is terrified. richard lister, bbc news. a man is facing jail after he admitted planning a bomb attack on a mosque in south london. 41—year—old steven bishop admitted buying fireworks and possessing instructions on how to make explosives at kingston crown court. it's believed he was planning to attack morden mosque before his home was raided last year. he will be sentenced on wednesday. the chief executive of the company which owns british gas received a 44% pay rise last year — despite the company issuing a profit warning. it means that iain conn, who runs centrica and is paid 2.4 million pounds, receives 72 times

the likes of turkey, china and dubai are much tougher. but britain has sought inspiration from germany, whose use of hate speech laws to curb online excess has been tentatively hailed as a success in the past year. censorship is always bad, even in unfree societies. and it is the task and the responsibility of governments to maintain freedom of speech. but it's also the task of governments to stop using free speech if it violates other people. the changes came too late for miss perry, but tougher sanctions on tech companies could prevent future grooming cases. what do you think happened to those pictures? i have absolutely no idea in all honesty what happened to them. the thought of that living out there, it could be anywhere right now. it could be circulating round groups of groomers, you know. anything could have happened to it. it's terrifying knowing this is happening pretty much on a daily basis to loads of different people. it's child pornography, but it's so easy for them to get it. amol rajan, bbc news. the case of molly russell �

in dubai for calling her ex husband's new wife of horsem sentence in dubai for calling her ex husband's new wife of horse. it is shocking that somebody could have such a traumatic experience over something posted on facebook three yea rs something posted on facebook three years ago. ten people died when a police helicopter crashed onto the roof of the clutha bar in glasgow five years ago. the inquiry opens today. hello there. it's monday morning, it's newsroom live, and its brexit yet again, and to mrs may will travel to berlin and paris tomorrow to meet german chancellor angela merkel and france's france's president macron ahead of an emergency eu summit in brussels on wednesday. the uk is due to leave the european union on friday. here, labour says it's still waiting to learn whether the government will put forward proposals which could break the impasse over brexit. talks failed to reach agreement last week after three days of meetings, and were heavily criticised by some conservatives, but downing street said it was hopeful that further talks would take place later today. let's go t

she was arrested while visiting dubai last month. ben ando reports. 0n the 10th of march, laleh shahravesh and her daughter travelled to dubai from their home in london to attend her ex—husband's funeral. but, on arrival, laleh was arrested and detained because of something she'd written on social media three years ago. in 2016, she logged onto facebook and seen that, unknown to her, and shortly after their divorce was finalised, her ex—husband had remarried. angry, she posted... "you married a horse, you idiot". the comments were reported to the police and, under dubai's strict cybercrime laws, laleh shahravesh was potentially a criminal. her daughter was allowed to fly home but laleh‘s passport was confiscated and she was put on bail awaiting trial. she was actually quite distraught. she was in tears for most of the conversation. just the anguish of being separated from her daughter and the reasons they went over there to pay respects to her ex—husband and the father of her daughter. and it's just kind of shocking. no one w

manus: and i am mannus in dubai. the white house is interviewing candidates to potentially replace herman cane and moore as president trump's for the fed. it is up to kaine himself if he wants to stay part of this process. it comes as the republicans report. david bloom is the current head of global strategy at hsbc. the debate about who next of the fed will rumble on. one line of support from a series of people that we didn't recognize about the fed. can i ask you about the dollar? i have read a couple of opinion pieces this year. a tiny drop on the back of the data from china. but others would say the data in the united states has just not got bad enough to warrant all the discussion that we have had about a rift to come. you are still bullish on the dollar. why? >> let me explain to you. it will take a few seconds so you need to concentrate. last year i bought the dollar because i like the it. they were raising rates. the economy was doing well. this year i am in the dollar because i hate everything else. let me e

laleh shahravesh brought her teenage daughter back to the uk from dubai three years ago. soon after, she got news that her husband in the uae was divorcing her. months later, she saw on facebook that he‘d got remarried. in a fit of anger, she posted, "you married a horse, you idiot". a few weeks ago, her ex—husband died. ms shahravesh and her daughter arrived in dubai for the funeral, but were detained as the police responded to a complaint from the woman she‘d insulted. her daughterflew home, while ms shahravesh awaits a court appearance. her emotional state is really, really terrible, really, and i‘ve spoken to her daughter, her sisters and mother. the whole family is suffering tremendously as a result of this. the foreign office is in contact with the authorities in the uae about this case, and says it‘s supporting the family. its travel advice on the country does warn about the dangers of criticising people in the uae online and says there can be serious penalties there for things which are not illegal in the uk. jamie haren from stirling was sentenced to a

she was arrested while visiting dubai last month. ben ando has the details. on the 10th of march, laleh shahravesh and her daughter travelled to dubai from their home in london to attend her ex—husband's funeral. but on arrival laleh was arrested and detained because of something she'd written on social media three years ago. in 2016, she'd logged onto facebook and seen that, unknown to her, and shortly after their divorce was finalised, her ex—husband had remarried. angry, she posted: "you married a horse, you idiot". the comments were reported to the police and under dubai's strict cybercrime laws laleh shahravesh was potentially a criminal. her daughter was allowed to fly home but laleh‘s passport was confiscated and she was put on bail awaiting trial. she was actually quite distraught. she was in tears for most of the conversation. just the anguish of being separated from her daughter and the reasons they went over there to pay respects to her ex—husband and the father of her daughter. and it's just kind of shocking. no one would expect that, havi

that brings up the issue of the british woman who is injail in dubai. i mentioned it to the culture secretary. we could end up with a patchwork of laws around the world. is that an issue? i don't think it is such an issue. we have lots of global businesses and there are patchworks of laws and it tends to find its place. aviation does. lots of different things. as much as i condemn what has happened to this poor woman, because calling someone a horse is not abusive really... it doesn't seem to be a big deal. i think actually the secretary of state was at quite great pains to say that it is about being proportionate and that we do have regulators who look at things in a proportionate manner. the other piece i would like to bring into the conversation is that we are also looking for other leavers, data laws, design of service, designing it to be safe. i don't think it is appropriate for tech companies to say let's educate our children to adapt to a world which wasn't designed for them while we let them come on at whatever age and we don't treat them like c

it highlights the strict online laws in dubai? it certainly does. this is a grave warning to the 2.6 million social media users out there, anything they have ever said on twitter, facebook, in the past, if they go to dubai they could be convicted for it. can you imagine the reverse, if emirati is arrived in london and we charge them for something they did in their own country? it needs review. you talked about how the case was highlighted by the media and others. how many cases like this go unheard? the vast majority of circumstances do go ahead. nobody wants to be splattered all over the front page ofa splattered all over the front page of a tabloid magazine or anything like that. you have to make a decision, do i want to do that? it is hardship, but it is probably going to lead to my release. there are so many going to lead to my release. there are so many other cases going to lead to my release. there are so many other cases we going to lead to my release. there are so many other cases we deal with regularly that don't make it to the press, and t

i am manus cranny in dubai. nejra: and i am nejra cehic in london. we saw a bond market rally, after the first quarter since 2010. the dollar is on the phone foot, gaining against most of its g10 years. itsman sachs has closed short on dollar yen. the 10 year yield jumped the most in three months, a nine basis point rise. we are down three basis points today, manus. manus: and the curve has actually come out of in version of its three-month versus 10 range, and we are in a bit of a reprieve. opec cuts production for a fourth straight month. goldman sachs says it will be a big finish for brexit and the opportunity will be in the pound. we have a big finish and it is coming. s&p futures a bit later on their feet, stocks overall making new 2019 highs. profitability is actually getting better getting a year.ack sweep of let as get your business flash with all the via. via to >>with all the thanks, manus. is trading well below its $72 ipo price, and ominous sign. readou cannot necessarily too much into the first few days. facebook dropped to its lowest ip

but she was unawire that dubai —— unaware that dubai's laws are very strict. if you public a libel, when you turn up, they will arrest you and prosecute. what has the new wife said? she apparently gave a statement to various reporters yesterday, we haven't been able to establish the contents of that statement. but it is today being reported that she didn't realise that by making a complaint to the police, laleh shahravesh could face up police, laleh shahravesh could face up to two years in prison and a £50,000 fine. it is today being reported that she says if laleh shahravesh faces jail time, she will withdraw her complaint in the hope that she will be relessed. thank -- released. thank you. still to come... it's farewell to fleabag — here with me to talk about last night's final episode are sian clifford and bill paterson — fleabag's sister and dad, plus the director. is it the best british series ever? the new anti—malaria campaign that has david beckham appearing to speak nine different languages perfectly. can technology and computer games be used t

who in dubai. enjoyed reading your april perspectives, 20 pages for your utlooks, it covers every asset class or part of a globe. i didn't see anything on a though, should i be in the for you to come in investing. >> coming to brexit, we may be to a surprise on super win. something new and these compromises need to be very convincing, when she presents it. they are expecting another extension. no. why no? might beesident macron able to go for these moments. the her words, say no to u.k. we'll see tomorrow, again, i think it surprises, it's it happens, then you create a parliament with to decide between these no deal and the new deal 50. coming back to investments longer on the cable. french that he the laid plaster off of hard breakity. we are trying to conjecture that might -- investment would do. what about the euro sterling? most versatile would be the cable, but you know how it equities, once the cable is too weak, we see and it collapsing. phases, probably the market panic aal markets might li

a gold trader shows off his wares this gold is headed for a market in dubai it was almost certainly mined illegally and will more than likely never feature in official export records around four hundred fifty tons of illegal african gold found its way onto the dubai market in twenty sixteen that means no taxes of being paid to the states that produce the gold depriving already poor countries a vital revenue from their natural resources the miners some of them children who work in dangerous conditions to feed the world's hunger for the yellow metal and. if that is. i started school when i was young but it got to a point when my parents couldn't handle my two asian. school you know. not in school some of my friends they were into small scale mining and because i didn't have any supports to further my education i decided to join my friends and go into gold mining. mining. it was that gold mining provides a livelihood to millions of africans and it's help some make more money than they could dream of from traditional trades. like the. rust is one of those who's done well out of it and he set

en el extranjero era una opciÓn viable, y ahora las piÑatas son compradas en estados unidos, dÓnde dubÁi, y varios paÍses de sudamÉrica y europa, les damos la bienvenida a esta mujer visionaria, bienvenida muy buenas tardes. >> hola cÓmo estÁn. >> muy bien muchas gracias por esta conversaciÓn, cuÉntanos en piÑatas tu empresa, fabrican piÑatas pero sÉ que son piÑatas fuera de lo comÚn, son plegables o transportan fÁcil, ademas se arman en 15 segundos cÓmo se te ocurriÓ la idea de hacerlas asÍ >> exacto es unapiÑata que viene en una caja es la Única piÑata que puedes mandar a cualquier parte del mundo en un espacio pequeÑo, pero cuando la abres le ponen 4 kilos de dulces y se rompe como una piÑata normal, vean esto. >> es en forma de tradicionales estrellas de navidadque se rompen en las tradiciones posadas mexicanas, pero cuÉntanos, supiste que tu oportunidad de negocio estaba en las piÑatas o tu idea original fue otra >> siempre fue poner una exportadora de arte mexicano era el plan desde que empecÉ querÍa eso, investiguÉ cuÁles eran los productos que los extran

>> here we are in april in dubai. you can hear right now in the room the mood among those who watch opec is a little bit celebratory at the moment. opec is feeling good about the steps it took so far this year in what it would see as to correct it nobody knows what opec will decide to do including the most senior representatives really that decision will come down to saudi arabia, kuwait and the suppliers out of that group. i think what they're thinking about more than anybody, nobody knows the answer to this, how the non-opec parties are viewing this relationship. i think they are willing to extend saudi arabia, kuwait will extend will russia support that that's the key question. >> do you think russia's overall commitment is starting to wane >> i think the commitment of all non-opec partners is starting to wane it's always at these kinds of levels that we see general compliance start to fall off and compliance with non-opec members in particular. i think there's a bit of reckoning to be had between saudi arabia and

a gold trader in guyana shows off his wares this gold is headed for market in dubai it was almost certainly mined illegally and will more than likely never feature in official export records around four hundred fifty tons of illegal african gold found its way on to the dubai market in two thousand and sixteen that means no taxes are being paid to the states that produce the gold depriving already poor countries a vital revenue from their natural resources the miners some of them children work in dangerous conditions to feed the world's hunger for the yellow metal and. if that is. why i started school when i was young but it got to a point where my parents couldn't handle my jewish. school you know. you know like in school some of my friends they were into small scale mining and because i didn't have any supports to further my education i decided to join my friends and go into gold mining. what i mean. it was that gold mining provides a livelihood to millions of africans and it's helped some make more money than they could dream of from traditional trades. the. rust is one of those who has d

and check out who's behind the wheels of these sleek, luxury cars on dubai's roads. and on the markets. a lot of markets are shut for the easter holiday. welcome to this slightly car focused edition of business briefing. to begin with, german carmaker mercedes benz is pushing ahead with its ambitious plans to grab a bigger share of the us car market. that's despite the threat of new tariffs being held over the international car industry by president donald trump. michelle fleury reports form the new york auto show which opens today. the global car business, setting out its store in the big apple. with lots of the usual glitz and polish. threatening to take the shine of proceedings is donald trump. hosting his resentment about the car companies in america. they barely ta ke companies in america. they barely take agricultural products but they can sell mercedes—benz and they can sell anything they want in our country. if it doesn't change, were going to tariff all of the cars and everything else that comes in. the us boss of mercedes—benz brushed off the presidenti

a gold trader in guyana shows off his wares this gold is headed for market in dubai it was almost certainly mined illegally and will more than likely never feature in official export records around four hundred fifty tons of illegal african gold found its way on to the dubai market in two thousand and sixteen that means no taxes are being paid to the states that produce the gold depriving already poor countries a vital revenue from their natural resources the miners some of them children work in dangerous conditions to feed the world's hunger for the yellow metal and. what it is that. i started school when i was young but it got to a point where my parents couldn't handle my chew ition. school you know. not in school some of my friends they were into small scale mining and because i didn't have any supports to further my education i decided to join my friends and go into gold mining. illicit gold mining provides a livelihood to millions of africans and it's helped some make more money than they could dream of from traditional trades. like. rust is one of those who has done well out of it an

a gold trader in garner shows off his wares this gold is headed for market in dubai it was almost certainly mined illegally and will more than likely never feature in official export records around four hundred fifty tons of illegal african gold found its way on to the dubai market in two thousand and sixteen that means it no taxes are being paid to the states that produce the gold depriving already poor countries of vital revenue from the natural resources of the miners some of them children work in dangerous conditions to feed the world's hunger for the yellow metal i voted for the. political if that is. why i started school when i was young but it got to a point when my parents couldn't handle my jewish and. you know like in school some of my friends they were into small scale mining. and because i didn't have any supports to further my education i decided to join my friends and go into gold mining groups who. are manacled what i mean whereas most came mining. it was that gold mining provides a livelihood to millions of africans and it's helped some make more money than they could dream

zob ahan beat al wasl 3—1 in dubai to go top of group a in the asian champions league. and 17—year—old caroline marks wins herfirst world surf league title taking victory at the opening round in australia. hello and welcome to the programme where we start with the footballing news that an eden hazard double has ta ken chelsea third in the premier league after they beat west ham 2—0. the belgium captain's first was something to behold, as he weaved his way through the defence evading five players during a stunning run, before the forward calmly beat keeper lu kasz fabianski. a second late on confirmed that maurizio sarri's side move above both tottenham and arsenal — as the pressure intensifies to keep the 28—year—old at the club given real madrid's interest in him. in the last two matches he played really well. he was devastating, very, very well. when is able to play like the last two matches, we are lucky. strongly is with him to riau madrid over the past two days, you know anything about that? not at all. it is not sure of course. you must beat desperate

is on the back of the boeing 737 max scandal and numerous other issues that was dan murphy live in dubai. shifting gears. >> the official figure came in at 50.1, while the private -- hit 50.2 the official services pmi also cooled in april. it fell to 54.3. now, positive data back in march, remember, had lifted hopes among investors that the world's second largest economy was regaining momentum >> on a related note, imf managing director christine lagarde has told a milkin institute she expects the u.s. and china to reach a trade agreement. blackstone steve schwartzman echoed this view he is positive they will come up with something that works. he warned it would not be a deal that resolves all tensions between the two nations and says that a process of normalization would require more time. u.s. consumer spending in march, meanwhile, grew by the biggest level in nine and a half years data from the customers department showed that personal spending rose 0.9% last month, but the fed's preferred inflation measure, the personal consumption expenditures index, that rose 1.6% in march, and tha

a gold trader in guyana shows off his wares this gold is headed for market in dubai it was almost certainly mined illegally and will more than likely never feature in official export records around four hundred fifty tons of illegal african gold found its way out of the dubai market in two thousand and sixteen that means no taxes are being paid to the states that produce the gold depriving already poor countries a vital revenue from the natural resources of the miners some of them children work in dangerous conditions to feed the world's hunger for the yellow metal and for the . particles if that is. why i started school when i was young but it got to a point where my parents couldn't handle my jewish and. you know like in school some of my friends they were into small scale mining. and because i didn't have any supports to further my education i decided to join my friends and go into gold mining groups to. what i mean more skilled mining to. illicit gold mining provides a livelihood to millions of africans and it's helped some make more money than they could dream of from traditional trade

a gold trader in guyana shows off his wares this gold is headed for market in dubai it was almost certainly mined illegally and will more than likely never feature in official export records around four hundred fifty tons of illegal african gold found its way on to the dubai market in two thousand and sixteen that means no taxes are being paid to the states that produce the gold depriving already poor countries a vital revenue from the natural resources the miners some of them children work in dangerous conditions to feed the world's hunger for the yellow metal and. what it is that is. why i started school when i was young but it got to a point where my parents couldn't handle my jewish. school you know. not in school some of my friends they were into small scale mining and because i didn't have any supports to further my education i decided to join my friends and go into gold mining. illicit gold mining provides a livelihood to millions of africans and it's helped some make more money than they could dream of from traditional trades. like the. rust is one of those who's done well out of it

desley humphrey in dubai, thank you. the fed isn't hiking and now markets have begun to price in cuts. that should have been a good thing for emerging markets fx. instead, em currencies are treading water. with more of the difficult environment, it is dani burger. take us through what you found. reporter:reporter: i found just how difficult it is to get an edge in the general em fx trade. this is a strategy that had worked in the past, essentially betting on the past winners. it has fallen nearly 3% this year compared to the broader 1.2%, which has gained setting us up for the momentum strategy to have its worst run since 2005. points to weaker growth outlook, investors renting emerging-market currencies as they wait for global growth to pick up. at best, the trade will just stall. but there's another headwind, emerging-market bond flows. they might have peaked. we can see the market value of local currency emerging-market bonds. this is their highest market value on record since the data we have going back to 2008. we m

i am manus cranny in dubai. nejra: i am nejra cehic in london. we have got some breaking news coming through, manus. manus: we have indeed. it excited about this. dsb is to buy -- 196 swiss franc per share. it looks like this deal will close in the fourth quarter of foundationand the and artisan have agreed to the tender, so this is another deal that gets done. raisestart and coaching the second quarter -- curtain raise the second quarter. nejra: olivia. >> saudi aramco is the most profitable company on earth. surpassed apple and exxon mobil. last year, aramco generated of $224 billion. it rated the saudi oil giant as a plus ahead of the debut. tsa and fear chrysler are discussing a way to build cars in europe. bloomberg learned any eventual partnership will likely include sharing investments with new electric cars. the partnership to develop into a wider combination but the current focus is limited and that is your bloomberg/. -- business flash. very much.k you will equities are coming off the back of one of the best quarters since 2010. that is

he packed up his bag, goes to dubai and jumps on buggies. these are 1600 core power dune buggies. and it is awesome. he brings out his drone so they can intet some really cool videos. >> mission accomplished. >> right about here, when he o ts a little close.he had that re. the drone is not aing prerly, but it is cool. he can adapt. so he's going to do a handheld. >> you have to be flexible. >> i love that their faces are completely covered which makes sense because if you do end up in the sand, you don't want it -- >> right? >> i hope this is don't crash. >> they don't, but eventually he does manage to get the drone up into the air again. watch this moment here. when they're filming, he's able to guide it close and they touch the drone. they're really powerful machines which makes it even more exciting when they try to do wheelies on these things. check out the whole thing on rightthisminute.com or check it out on our mobile app. >>> the roads out there, man, they're crazy. >> experts estimate one in three crashes are caused by distracted driving. but mobtop. what they need is a n

the couple lived in the united arab emirates and her comments were reported to police in dubai. us secretary of state mike pompeo has called for an immediate halt to the fighting in libya between rebel forces and those of the internationally recognised government. more than 20 people are reported to have died in the clashes over the last four days and the un has called for an urgent truce, libya has been torn by violence and instability since colonel gaddafi was deposed and killed in 2011. dozens of militias operate there, linked either to the un backed government, under the prime minister faiz al—sarraj, which has struggled to assert control, or the rebel libyan national army, led by general khalifa haftar. since thursday, it's advanced on the capital, tripoli. our diplomatic correspondent james landale has more. this is a battle fought largely by pick—up truck. makeshift armoured vehicles jamming the routes in and out of tripoli. these belong to militias loyal to the government of national accord, that's backed by the united nations. and they're rushing to defend the capit

laleh sharavesh was arrested when she flew to dubai in march. ben ando reports. 0n the 10th of march, laleh sharavesh travelled to london. she was arrested and detained because of something she'd written years ago. she logged onto facebook and had seen unknown to her, shortly after the divorce was finalised, her ex—husband has remarried. she posted, he married a horse, you idiot. this was reported to the police and under cybercrime laws she was potentially a criminal. her daughter was allowed to fly home but the passport was confiscated and she was put on baler rates —— awaiting trial. she was quite distraught and in tears to the conversation. the anguish of being separated from her daughter and the reasons they went over to pay respects to the ex—husband and the father of her daughter, and it's kind of shocking that no—one would expect that having posted something on facebook several yea rs posted something on facebook several years ago could possibly lead to such a traumatic experience. the foreign officers is in contact with authori

manus: good morning, from dubai, imf manus cranny from dubai, with nejra cehic from london. today's top stories. positive momentum, guggenheim says the central banks rain squalls pushes recession risk back -- the central banks raise cause pushes recession risk back to 2021. as theinted numbers earnings season gets into full swing. and, as shakeup at jp morgan a shuffle of the top of america's biggest banks charts a discussion about succession plans after the jamie dimon in era. ♪ nejra: good morning, everyone. numbers, we have first-quarter revenue coming in euros, thelion estimate was 12.54, so a bit light in terms of the first-quarter revenue. but unilever is on track for its for your view and it is still sees the 19 usg in the lower usg, the best sees the 2019 in the lower half of its range. pricingarter underline comes in at 1.9%, letter than the estimate of 2.1%. which is interesting, going into these numbers, activists were expecting unilever's performance to grow at the same rate as last year it was bigger contribution from price increases rather than volume. first

and a look at who is behind the wheels of these sleek luxury cars on the roads of dubai. good morning asia hello world. it's friday. thank you forjoining us for another exciting addition of asia business report. we start off with a couple of technology stocks and their strong debut. shares in pinterest opened at above their initial value of $19. that value is the online scrap book company at $16 billion us. it has millions of users and is growing. it is our reporter explains, its debut was overshadowed by another technology newcomer.m pales in comparison to another company that started trading publicly today and that is zuub, a videoconferencing company. still within technology. their share price saw almost 80% in trading today. and what a nalysts saw almost 80% in trading today. and what analysts are taking away from thatis what analysts are taking away from that is that investors like the idea of the potential for revenue, the potential for gains such as pi nte rest potential for gains such as pinterest as well as companies that really know how to make a profit and that

we have been to dubai in order to find out. hello and welcome to a special edition of talking business, with me, tanya beckett, here in dubai. i'm at the global education and skills forum, where leaders from the education sector are gathered. some quarter of a billion children worldwide this year will not attend school. we are here to find out what it would take to prepare young people in africa and the middle east for the workplace. but first, let's get some views from students in the region. what are your main concerns in terms of the challenges you might face when you enter into the workforce? if i ever had any future aspirations to live in iran, i wouldn't be able to because i would then have to complete national service, so it really limits what i could do for my origin country, which i'm very passionate about. i'd really like to enter the politics of iran, because there is a lot that needs fixing. i think that in sudan there are certain ideals about the kind of career path everyone should follow, so for example, people wh

she was detained last month when entering dubai for her former husband's funeral. their daughter has asked for her mother's passport to be returned and for her to be allowed to come home. a minute's silence has been observed at the start of a fatal accident inquiry into why a police helicopter crashed into a bar in glasgow in november 2013. the pilot, two crew and seven people in the clutha bar were killed, as sarah smith reports. this was a shocking event that stunned the city, when a police helicopterfell out of a friday night sky onto the roof of a packed pub, killing everybody on board and some of those inside. the bar has reopened, and ian comes back to the place his son died with questions about what happened to him after the crash. he wouldn't have survived anyway. he lay there for at least two and a half hours. perhaps he could have been removed. they were obviously walking over him to get to the other victims, because he was at the door. it took them until the sunday morning to get him out, eventually. today the inquiry began with a tribute to the victims.

tanya beckett has been to dubai to find out for talking business. hello and welcome to a special edition of talking business, with me, tanya beckett, here in dubai. i'm at the global education and skills forum, where leaders from the education sector are gathered. some quarter of a billion children worldwide this year will not attend school. we are here to find out what it would take to prepare young people in africa and the middle east for the workplace. but first, let's get some views from students in the region. what are your main concerns in terms of the challenges you might face when you enter into the workforce? if i ever had any future aspirations to live in iran, i wouldn't be able to because i would then have to complete national service, so it really limits what i could do for my origin country, which i'm very passionate about. i'd really like to enter the politics of iran, because there is a lot that needs fixing. i think that in sudan there are certain ideals about the kind of career path everyone should follow, so for example, people wh

i'm manus cranny in dubai. danske bank says net interest income will be lower in 2019 than 2018, as denmark's biggest bank reports income below estimates and warns that the estonian money laundering a case could require significant attention. with us from copenhagen in his first interview of the day is danske bank cfo christian baltzer. thank you for joining us. you talk about net income being lower than in 2018. are we looking at single-digit lower? put some kind of proportion around that, for guidance. christian: so, what we basically have said, we expect it to be in the same range, given that we would have volume growth to offset funding cost. what we are seeing with the danish rate margin being a little lower for longer, we won't get the benefit from that, and we see funding costs have increased in q1. i think it is the funding cost driving it, and a little bit of the rate margins against us in the danish market specifically. so we are guiding lower, not with specific numbers in a range. manus: and one thin

tanya beckett has been to dubai to find out for talking business. hello, and welcome to a special addition of talking business with me, tanya beckett, here in dubai. —— edition. iamat i am at the global education and skills forum, where leaders from the education sector are gathered. some quarter of a billion children worldwide this year will not attend school. we are here to find out what it would take to prepare young people in africa and the middle east for the work place. but first, let's get some views from students in the region. what are your main concerns in terms of the challenges you might face when you enter the work force? ifi face when you enter the work force? if i ever had any future aspirations to live in iran i wouldn't be able to, because i would have to complete national service. it really limits what i could do for my original country, which i am very passionate about, i would really country, which i am very passionate about, iwould really like country, which i am very passionate about, i would really like to enter the politi

of course, the regulator here in dubai has always said that it has acted appropriately. however, we will be looking out to see whether or not there's more commentary coming from the regulator on this and any reaction across the middle east as well. back over to you for now, carolyn. >> dan, wow, what a story. thank you so much for that >>> now, let's switch gears. the pharma industry is still vulnerable to market and technology shifts. that's according to the global 100 report this is a report on how health care companies are shaping the future of health care, and i'm very glad we're now joined by one of the authors, john roundtree, managing partner at nova -- sectal we're seeing so much disruption whether it's in the automotive or financial services, but also in health care how is that being documented how is that -- how does it manifest itself? >> the interesting thing about these 100 companies is that they're all dealing with that in very different ways. in the u.s. you find that companies are looking to these disruptions for massive growth and companies investing. a

i manus cranny in dubai. -- i am manus cranny in dubai. nejra: that's get the bloomberg business flash with olivia. fund two years, the vision did the best -- invested in tech companies. bloomberg has learned there are talks to assemble a second fun. the softbank founder said he intends to raise $100 billion every two or three years. unicredit is reportedly preparing arrival bid for commerzbank, according to the financial times. the move would come if merger talks break down. it has seen mounting opposition in recent weeks. ft reports plan could be to merge with a german lender already owned by unicredit. tesla has reported a record decline for deliveries in the second quarter. in europe and china, the company struggled to get cars to customers quickly. elon musk plans to accelerate sales with lower prices and quicker deliveries. that is the bloomberg business flash. manus: olivia, thank you very much. bloomberg has learned that american companies would be allowed to wholly owned enterprise -- enterprises in china. top white house economic

manus: and i am manus cranny in dubai. the markets, risk-off from currencies along with commodities. msci up at a six-month high based on fresh hopes that the u.s. and china will resolve most of their trade issues. but there are still issues to be touched on. you on stronger this morning. bitcoin seeing a momentous rally yesterday. -- can an ashcan it it endure? we have a lovely bloomberg opinion piece, aquinas surging again, just ignore it. [laughter] that with oil as well, brent moving toward $70 a since for the first time september, news we have heard of opec cuts countering what we have heard from the u.s.. cable struggling for direction, theresa may reaching out to the labour party for cross party talks. that could mean that we are moving toward a softer brexit, but cable seems a bit unsure this morning. with a bloomberg business flash, here is olivia how. olivia: allegations that this bank provided dollar cleaning services to this client, would in relation of sanctions against that country by the u.s.. blackrock's ch

nejra: from london, i'm nejra cehic with manus cranny live in dubai. this is beijing and washington appears to be making progress towards a trade deal. trump attacks the central bank again, this time for the performance of stocks as mario draghi expresses concern about the fed's independence. j.p. morgan shares jump the most since 2016 as earnings top estimates, but wells fargo tumbles. goldman sachs and citigroup report today. ♪ manus: monday morning, welcome to the land of risk. up go the stocks, down go the bonds. bond yields are dropping, moderately so. the bandwidth on bond yields this morning, this year, 2019, has been seven basis points on an average weekly basis. retestys you're going to the high and returned to the low level. cause,riod of said typically what you see -- pause, typically what you see is a drop of 100 basis points. i'm not saying right now, but 2.3%. the rollover for risk, let's look at the outplay. the south korean won moving the dollar down, the won higher .5%. steven mnuchin upping the ante and saying we're ready for the ri

he was captured in dubai sometime in 2002 and has been in u.s. custody ever since. i have to say, editorial comment way he is, in a big still not even past preliminary hearings and legal proceedings in guantanamo, so not close to trial. it is a capital case, but we hope justice will prevail. cathy: inching closer, he said. robert: inching closer. jim: anyone on this side? go ahead. -- first,operation thank you very much for coming out here and sharing your experiences. whenn operation like that you are acting on behalf of the united states, what's the reach in terms of the guidance and communication you are getting, when you are deployed like that in terms of, think about this. what kind of micromanagement are you getting from stateside? when it comes to being able to focus on your operation and getting stuff done versus having to -- obviously you have someone acting as the intermediary back there, but i am curious how much reach back there was coming to you all when you are over there. all.: i didn't feel it at we had one supervisor on the ground. heath third -- he

dubai's property market is extending a slump since hitting a peak more than four years ago. how do i begin this next bulletin? a record, or just the headline? dame" setting a box office record by raking in $1.2 billion worldwide. it beat the previous opening weekend record by almost $100 million. that is your bluebird business flash. david: thanks so much. we turn now to wall street beach, will recover three things wall street is buzzing about this morning -- wall street beat, where we cover three things wall street is buzzing about this morning. first up, deutsche bank's president expresses optimism in the banking unit. 2019 global conference in beverly hills, we tell you what to expect when it comes to the davos of the west. lisa: a lot of questions remain right now about whether or not deutsche bank is going to be able to revive itself, who could potential emerge with. joining us is peggy collins. she leads bloomberg's investment coverage. there were a number of stories over the weekend, first of all, the ceo express and confidence they can turn around investment and cons