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Conference in saudi arabia but that is mostly a symbolic step but the big question is what will happen to investment and we've already seen at last year that foreign direct investment into saudia arabia plunged to quite a bit and we see the same pattern so far this year a couple of u.s. businessmen decided to pull out of a mess of five hundred billion dollars project in saudi arabia where they're trying to build futuristic cities saw there are some signs that this actually does have real economic consequences all right thanks for that yes do you stay with us because i want to get your take on ...

How are markets reacting to the tariffs? >> pretty positively. if you look at asian markets we had a strong day on friday. we had japanese indexes up over 1% in every single sector. we also have chinese equities somewhat surprisingly up 2.5% in trading today. so seems to be a case of buy the rumor, sell the fact. there seems to be a lot more positive sentiment as far as chinese equities are concerned. u.s. markets let's also not forget we had a strong, payrolls print on friday that showed the economy created 213,000 jobs for the month of june versus 195 forecast. slightly stronger on the top l...

hostages and freeing jessica buchanan and poul thisted. emergency officials are looking in a brazil collapsed building. they don't know why the adjacent high rises crumbled. one person heard a cracking sound before they fell. french police tell cnn they've arrested the founder of the breast implant company. our affiliate france 2 tv said this man was arrested around the same time. p.i.p. became the focus of an international health scare over the implants. those are the top stories from cnn, the world's news leader. i'm zain verjee and "world business today" starts now. hello, a...