next as a financial survival guide stacey let's learn a salad fill out let's say i'm not so i guess if you're a police response banks have to fight street spot thank you for being. on the story that's right. slavery. because i live the good stuff then. find. the need no. need.

to worry we have other things and the smiles and this is it enough for everyone and why some people take our things all the power just for themselves and to see that. we. welcome back the world's largest smartphone and semiconductor maker samsung has also released their q three earnings and they have done well making it three consecutive positive quarters in a row for the south korean. but with

a net profit of thirteen point fifteen trillion wan that's about eleven point five billion u.s. dollars that figure is a record high for the company and again and again of eighteen percent year over year. and the third largest pizza delivery company in the world papa john's which has been embattled due to racist comments by its founder john netter who stepped down as chairman in july and owns thirty percent of the company reportedly has several buyout suitors coming to press them were trying to take over the company bain capital c b s partners n k k are all of p. appear to be interested in acquiring papa john's shares of the company rose on the news by over nine percent to more than fifty three dollars although the company has lost more than a fifth of its value year over year. coca-cola has also reported earnings posting a one point eight eight billion dollars profit profit global soda sales group for the company by two percent year over year and were led by get this diet coke and

the new coke zero sugar which replaced coke zero in the united states last year and taste supposedly more like regular coca-cola all the leading sales for the company were other dry it drinks including low and no calorie sprite and fantasy although those sales for diet for right and banta were actually down in some central american nations where the company appears to have altered the recipe too much according to coke officials they are course correcting in those markets coke raise prices in north america following a trumpet ministration implementation of tariffs on chinese imports but that price rise does not appear to a penalize profits coca-cola stock was trading around forty eight dollars per share at the new york stock exchange today. and the last earnings report for you today under armor profits have increased the baltimore based company did so amidst a massive restructuring with increased sales of two point four percent those sales

increases took place overseas while north american sales declined the stock got a big boost of twenty eight percent at the stock exchange in new york on the news rising to about twenty three dollars per share it was ten dollars per share last december the high for by the way was back in two thousand and fifteen when it traded at just north of fifty dollars per share. and we now turn to a fun story one key area of finance was not was not on a roller coaster ride this past week crypto currencies the coinage some pessimists perceive as just a pesky problem well how super strange is it that crypto is where the stable ones in these markets will at last here to help us out is christy i have counterpart x. christy thank you for being here it's i mean we were laughing at. before the show who would have thunk that this is happened what do you make of it exactly it's super strange but not in a bad way at all this just means that the crypto currency market is slowly maturing and that the gradual civilization is actually a gradual exit from speculators and

a growing interest from traditional institutions coming into the market let's take a look at some of those specific. you were mentioning to me earlier that i don't know it was ten days ago or two weeks ago that we did something on it's been ten years since bitcoin a block and a bit out there but you told me today is actually the day that bitcoin was launched so from whence it came and how did it get here what's happening with that going prices yeah ten years ago today because it was traded for the very first time establishing a monetary value for the very first time the first trade ever recorded on the watch chain was ten thousand bitcoins for two pizzas from papa john's ten thousand and papa john's we did what you could we could buy all of papa john's if you really had ten thousand bitcoins right now at last sixty three hundred right now so ten years to the. and talk a little bit about bitcoin price so where are we where are we now when we know what

was it twenty thousand last year but it dipped into the six thousands recently yeah so right now it's currently trading at about sixty three hundred actually just achieved a seventeen month low volatility rate so it requires the highest stabilisation rate in a four since two thousand and seventeen and this is actually huge for a big one because it's been very relatively stable trading sideways and this has been great for a lot of the institutions who are coming in because right now they're saying that decline has finally bottomed and they seemed like a very consecutive buying interest at this very low level so well that i thought it was just anecdotal that i thought that the crip those were fairly stable in these wild markets but the volatility index you say is at a low so thank you for confirming what i thought was sort of happening there i hadn't seen the volatility number. let's talk a little bit about ripple you know when we talk about precious metals we talk about gold and people don't want to spend twelve hundred bucks on gold we say well the poor person's you know precious metals silver but in the crypto space it's really

sort of a ripple and a theory and to a lesser extent because people can't afford the sixty three hundred dollars for a single point these days tell us a little bit about ripple so while big question is kind of more so like gold it has a monetary value established to it ripples more sort of a utility token and right now ripple has a very strong fundamentals here as we just heard the ripple swell conference out in san francisco where they launched the x rapid and now ripple has confirmed that they have at least ten banks are actually implementing or testing out its x rapid for ethics transaction explain it again so it's use for f.x. conversions so specifically instead of sending us u.s. dollars to india and having an india bank to receive that and convert it into rupees which will take an average of about like three to five days. makes that entire transaction seamless and done within eight seconds oh my gosh super quick time travel tell us a little bit of theory and where you are you saying that's trading

a couple hundred dollars yes on monday it actually diplo two hundred dollars which was slightly unsettling but we have reports that right now saying that with that we've detected a pattern saying that all these recent i.c.'s that we talked about because of the depressed cryptocurrency prices they've been selling out of either in order to pay their employees and keep the lights on within the company just so at the end of every single month we notice a trend that the ether price came down because at the end of the month that's what employees get paid and so those employees need to take that either and actually convert it into dollars for spending transaction and daily lives. we're running out of time but i want to ask your quick take one coin base which had this huge valuation of eight billion dollars i mean they were they just raised three hundred million are we make a coin because they're right now they're taking that. big cash in they're focusing on four primary goals they're looking to expand their global reach they want to add more quine's and right now they want to pursue a lot of big licenses overseas and most importantly they want to get institutional

players into the currency space kristie are a counterpart thank you so much kristie procedures always cars. what do japan south korea taiwan and australia all have in common well besides having close tiles ties with the united states they are all currently seeking to strengthen economic ties with india and all four of america's closest allies are courting india where the very same economic reason fear of the u.s. china trade work here with more on this story is conservative talk show host steve malzberg steve nama stead welcome what is the big fear on the part of these countries. well thank you for their greeting i appreciate it well the big fear is that this trade war if that's what we call it is going to get worse or if it's not a war yet it's going to become a war and they're going to get caught in the middle here because of

a fifty percent of their import export business is with china and here's what they're caught up in they're cut up in this production network in these countries are where they make and send over into it into immediate goods and. and raw materials and then china puts them together makes them into the products and then ships them out to the united states and the west and so they're very nervous about about this situation as as the war could get worse there could be all kinds of not only tariffs but product bands etc so they're looking for another outlet and that's what they're that's what they're doing they have to protect themselves and expand their horizons and hedge their bets really and all four of these nations steve they've already begun to sort of work on these economic ties with with india right . yeah everyone that we've mentioned for instance australia they have a grand plan in place that by two thousand and thirty five which seems a way off but nonetheless two thousand and thirty five they want to make india one

of the top three export markets and we're talking about exporting everything agriculture energy education tourism you name it and south korea has basically the same kind of goals in mind maybe a little quicker japan in two thousand and sixteen committed to heavy infrastructure research and development in india and in australia you have companies there like fox com that are heavily investing in india as well so they're all cementing their ties they're all well into this they're not just starting it right now last minute so if it's possible they have a good shot of accomplishing it if it's possible well it makes me it makes me think about that movie of member a few good men jack nicholson says you can't handle the truth and i mean can india handle all of this love and flattery and flattery and all these agreements coming to help their economy well the problem is there's lots of problems since the economic liberalization back in one nine hundred ninety one

it's been a very bumpy road that's for a long long time right now the economy's not firing on all cylinders they have problems with agricultural subsidies they have unemployment problems they have naturally a lot of poor people in the population income inequality so their economy has a long way to go plus part this is perhaps key they are notoriously bad with trade deals they have a history of being bad with trade deals and i'll give you an example that just took place here in august the u.s. and india negotiating a deal in india proposed tariffs on twenty nine u.s. products that since been withdrawn but india it really has a long way to go and one other thing these countries are not just worried about the trade war they're also worried about china is using. ticks to influence economics for instance when north korea and south korea took the u.s. defense missile system they punish south korean companies china did japan had travel companies punished and so it goes on and on and on if you don't act

politically the way china wants you to they could just you know tighten the screws so that's another reason they're looking for alternatives these countries and steve just real briefly do you think things are going to get better or worse in the near for say the end of the year on the u.s. try to china tensions well i think there's one more round of talks coming up and that's going to be key if they if they break off and go away and and both parties leave and there's no progress it's not going to be good now the reports the other day on the chinese economy faltering that might influence china a little bit maybe tramples see that you know things are turning around here after a defeat he doesn't want to risk going into the next congress with a bad economic situation made worse with china so he may bend a little bit i'm kind of optimistic i think both countries need it and want it. i'm glad that you are optimistic and i'm going to hope you're right i'm optimistic about you conservative t.v. and radio commentator steve malzberg thank you steve thank you bart. and that's it

for this time thanks for being with us if you can catch boom bust on you tube dot com boom bust r.t. so long for now. in twenty forty you know bloody revolution to crush the demonstrations going from being relatively peaceful political protests to be creasing the violent revolution is always spontaneous or is it just no lawyer i mean your list put video of.

you scrolling needle the ukrainian president recalls the events of twenty fourteen . of those who took part in it invested over five billion dollars to assist ukraine in these and other goals that will ensure a secure and prosperous and democratic. state . while give easy vasan this us. and. the unions at once like. the rational.

desires of the needy thief. is a small. fortune for the outnumbered lot of. more than a natural. headlines today's case of picture perfect as locals one small english town are outraged that this streets of paris. against the u.s. democrats ahead of the midterms. come.