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>> good morning to viewers in the u.s. and around the world. it is monday, august 1st. john berman is off and john avalon is here with us this morning. >> good morning. >> great to you have. we begin with major news just n cnn reporting that nancy pelosi will be visiting taiwan after all despite china's stern warnings for her not to go. this comes from u.s. and taiwanese sources. it's not clear which day pelosi will be visiting as her asia trip gets under way here. we previously reported that the biden administration privately tried to convince pelosi not to go to taiwan. >> more exc...

Is because of the behavior that china is conducting throughout the region. >> is it important for her to be in taiwan? >> that is for the speaker to talk to. it is important for the united states to make sure -- let me make this clear. when the u.s. government officials travel to taiwan, they can do so safely and securely. >> russia made a counter offer in the proposed prisoner swap for americans brittany briner and paul whelan. they want to include a man convict of murder in germany recently. you spoke to this a little bit. the why is a victor boot who the u.s. is willing to trade different f...

Beach california are sailing around the world distributing bibles in remote areas pirates hijacked their boat, and this is days after a new york city judge handed down a 33 year prison sentence to a smally man convict and the -- in the 2009 hijacking moef maersk alabama and, the captain, richard phillips was rescued by the navy, geraldo will have more on this story and will talk to a family member of the adams, and late word from egypt, after all the talk last week iran is planning to sail two warships through the suez canal on monday and if that happens the vessels will be the first iranian e...

Coming in and we have more information on how wall street is shaping up on this day. also, there are new or more questions than answers today about whether bp pressured the british government to release the lockerbie bomber in exchange for $900 million oil deal with libya. new york senator chuck schuller among other lawmakers have called on the state department to launch an immediate investigation. >> the whole thing has deep circumstantial evidence that points to the fact that there was a tradeoff. release the terrorist in exchange for an oil contract. that is a horrible slap in the face to...