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Good morning. Were going to use this morning to consider the nomination of Patrick Shanahan to be deputy defen defense secretary of the United States. We thank you for your willingness to serve our nation at an important time. We welcome your family and friends. As is our tradition, we invite you to introduce them at the beginning of your testimony. Its important that this committee and other appropriate committees of the congress be able to receive testimony, briefings, and other communications of information. So it is a standard for this committee they ask certain questions in order to exerc...

Testimony, briefings and other communications of information. So it is standard for this committee to ask certain questions on order to exercise its legislative and oversight responsibilities. Have you adhere to applicable laws and regulations governing complex of interest . I have. Will you ensure that your staff complies with the deadlines established request to communications, including questions for the record in hearings . I will. Will you cooperate in providing witnesses and briefings in response to congressional requests . I will. Will those witnesses be protected from reprisals for the...

Foreign affairs made headlines in beijing. President ial summit is on the cards. North korea is advised to abandon nukes. It is 4 00 a. M. In london, welcome to Bloomberg Markets middle east, i am yousef gamal eldin in dubai. And i am shery ahn in tokyo. Just over two hours until the market close. Just under two hours, but the market here in japan not really recovering. We are seeing the nikkei down half a percent while the japanese yen continues to strengthen. We have the final fourthquarter gdp numbers showing the economy expanded more than initially reported. Still, when it comes to the mar...

Timeline for the National Peoples congress in beijing. He says it should remain stable over the year. But it does remain a sensitive market. They have a new offer for striking workers at the mine in chile. If these negotiations are to resume, the unions involved have yet to respond to news of the improved offer. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. A quick market check now. Later on. Ve in update this is bloomberg. Welcome to the best of Bloomberg Markets middle east. Major storiesthe driving headlines. President trump signed...

Garnered international attention. It is business at home, will be in focus. We spoke to the group chief financial officer. I would like to start off with your sense in terms of the operating environment. This chart on bloomberg tells the story in terms of highend dubai property. This goes all the way back to 2009. Can you see the downside pressure. This is the paris per square foot. This is for high end villas and apartments. What is your take . I think to understand where we are today, we need to take a step back and look at it precrisis, going into the crisis and coming out of the the crisis...