End of an era… UK travel company Thomas Cook collapses, sparking the biggest peacetime repatriation of British citizens in history. We have the latest from the chair of the Civil Aviation Authority. Oil prices surge as the U.S. sends additional troops to the Gulf further heightening tensions with Iran. We hear exclusively from Saudi foreign minister Adel bin Ahmed Al-Jubeir, who calls Tehran’s threats ‘ridiculous and laughable’. Asian stocks fall following shortened U.S.-China trade talks despite the Ministry of Commerce calling the negotiations constructive. And the Bank for International Settlements voices fears about negative interest rates. UBS chairman Axel Weber tells CNBC they are beginning to affect the investor environment.

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