they won't be getting any of the blood from the other middle class people to keep them alive all the blood all the plasma goes to the dead but. also the government just creates a the platform against this dialogue because that does not allow any compromise in their platform talks about certain crimes how serbia should pay war iterations. being in all its official states cos it was simply things that everything is already over when they wake up from the illusions that they will have to face it several reality. facebook and google started with a great idea and great ideals unfortunately there was also a very dark side. they are constructing a profile of you and that profile is real it's detailed and it never goes away

turns out that google is manipulating your opinions from the very first character that you type into the search bar it will always favor one dog food over another one comparative shopping service over another and one candidate over another they can suppress certain types of results diced on what they think you should be seen if they have this kind of power then democracy is an illusion the free and fair election doesn't exist the more rope we give them the sooner we are all hand. broadcasting around the world covering all aspects of business. finance and how it

affects you this is them but i'm christiane building in for bar in washington d.c. on board coming up the dollar is on the decline across the pacific as china is leading the change for a.z.n. to replace the dollar with a again international investor jim rogers joins us to discuss the creeping currency complication plus we take a spin around the globe to take a peek at international markets and how they said fairing in the choppy waves of trade uncertainty and finally move or has read up on their i.p.o. despite taking a major hit on q one earning danielle shay a simpler trading shares us through all the latest moves for i.p.o.'s in the market all of that directly ahead but first some headlines let's go. pledges to cut taxes and spending leads our global report today as president emmanuel macron a friend unveils his response to growing unrest including the still kicking yellow

vest movement some are expecting major policy proposals from mr micron after the presidential coming after what he calls a great national debate on economics that exercise with a response to the yellow vests protest movement which is now smaller but still visible and vocal but while the french president did propose to index pension packages under two thousand euros to protect pensioners from inflation and promise to take out income taxes by five billion euros he seemed to risk disappointing the country with few policy details and a defense of stubborn tone in a national address mr micron posed a rhetorical question how we've gone in the wrong direction and then he confidently judged his own performance in forming the french i don't think so a founder of the yellow bus movement responded to president micron's address. i am disappointed very day but he was my point. emanuel from the. gave his

speech then he didn't announce any major expected by the yellow vests movement in the. france has been going as usual have five months if you don't mind it. moving from paris to beijing the chinese president saying no to world leaders attending the second conference on the bell and road initiative that he hears their concerns and criticism president xi jinping officially open the conference and beijing with pledges of transparency and zero tolerance for corruption mr xi also signaled a broadening of the p.r.i. to encompass peer to peer partnerships among sectors including science and agriculture mr xi also promised what he called a framework for debt sustainability some be partners notably the malaysian prime minister must hear the whole that mohamed has grumbled about being saddled with debt from many p.r.i. and for a structure project many b.r. i watchers also notice that the chinese president encourage private sector capital

to invest and p.r.i. projects in the past pledges of funding from the chinese state. and now to take a more in-depth look at the summit and the china's latest moves we're happy to welcome international investor jim rogers fellow i ask if there was a lot of expectations that the and at the second conference what what are the main takeaway. crissy that first let me tell you it's not often the geography changes six hundred years ago the spanish and the portuguese sailed around the world changed geography two hundred years ago the railroads changed geography that showed the chinese are doing now is gigantic it's going to change geography again poor of the few times in history a lot of people are going to get very very rich some people are just going to fade away so this is a very important critics who say it costs a lot of money well it does but it costs a lot of money for columbus to sail to america to. because

a lot of money to build the city of chicago this is very very good news for the world for those who get it right and it looks like here britain is looking to continue to forge an even closer relationship with china as it leaves the e.u. china would indeed be a powerful friend to have in their back pocket philip hammond chancellor of the exchequer is looking to announce closer cooperation on trade and banking initiatives as well this includes a shanghai london stock canet plan tell us the blast on that. well italians too it's not just the british of course the british are going to need all the friends they can get if they leave if they leave the you but of course they have a long tradition in china some of it good some of it bad this would be good news for the brits if the if the chinese will have them. and china's making some really big moves they recently lobbied the southeast asian nations to include the u.n. and the u.n. to be added to the emergency pool known as the chiang mai initiative this would

reduce the framework over reliance on the dollar tell us first exactly like what is the cham my initiative and what does that do. first of all you need to understand that more and more people are trying to find a competitor to the u.s. dollar the u.s. dollars had a monopoly on world trade and medium of exchange for several several decades now and then they want that to change so the chinese the indians the iranians in a few other people are trying to develop competitors to the dollar and one of the things you just mentioned is to come up with a competing currency and they may be doing it they've got a lot of clout they have a lot of population they have a lot of assets so inhabiting the u.s. all of it in the case kristie is a very flawed currency i don't like saying it but america's the largest debtor nation in the history of the world so we need a competing currency and that is probably going to come out of asia yeah this missed signals that china wants to expand it internationalize the yen to expand

influence on the region so what's the game plan here. it cannot happen kristie unless they make it convertible unless they make it up freely tradable currency now they've been moving in that direction since two thousand and five i would do it is after know if i would china china doesn't have to listen to me obviously they're not listening to me but the sooner they make their currency convertible the sooner it will be used in the international dreda and as a medium of exchange and in the packages the currency packages we've been talking about what how do you think that we can for the stabilize the chinese again because the currency hasn't been the most stable in recent years do you think this is going to be an issue going forward. well it's due. and strong has gone up a lot in recent years the last two or three years it's been more or less sideways it's had fluctuations up and down but kristie every current you look at any currency the yen euro anything the u.s.

dollar all of them have fluctuated and it is normal for currencies to fluctuate. renminbi has not been more fluctuating than most other currencies that in less than in some. and finally there's speculation that the u.s. china trade war might finally be coming to an end give us the latest here. well yes we're going to have good news coming out of washington and beijing soon everybody was good news it's going to sound good we're all going to say wow thank goodness it was going to feel better but unfortunately next year whenever the real hard times come again mr trump is going to come back with even more trade war he thinks in his brain that trade wars are good he thinks he can win a trade war his ad buys are due to so look for some good news for a while but be worried about what that meant when the american economy hits problems in a year or two it's going to get really bad because he's going to come back against

the chinese the japanese the koreans the germans ever the mexicans the canadians everybody all right now the chinese investors are worried about lower growth in the region if there is no continuous government supported stimulus injected into the economy do you think this is a concern or where is the growth in asia right now if it's not external. well we don't we don't always have to have growth christi i mean the world has many many many periods throughout history when things slow down it's been over ten years since the world had an economic slowdown a recession that's the longest in american history anyway so we're overdue but don't worry this is normal with the way the world works the chinese have started cutting. on the debt and they should so right thing to do but when you go from expanding debt to cutting debt you obviously slow down china will slow down good for china if they can continue to do it which i hope they will. thank you so much

for your time international investor jim rogers. there's a patch of oil sector arnie's reports to share today chevron has posted a report for the first quarter of twenty nineteen that shows a dramatic drop of twenty seven percent and profits compared to the first quarter of twenty eighteen revenue was down by six point eight percent year over year the oil giant also insisted their intent on inquiring anadarko petroleum despite a rival bid from occidental. exxon was on a worse trajectory than chevron and their latest earnings report and for many of the same reasons exxon's profits fell by forty nine percent both companies seem to have been dragged into the red for q one by lower gas prices and problems in the refining subsidiaries. let's take a walk around the world to see how the global markets are doing this week we'll start over here in russia with the moscow mo ag down slightly after hitting an all

time high on tuesday led by strong ruble and high or oil prices going out over to asia shanghai it was down over five percent to end the week as stocks dropped to a three week low and the stars are now worried about the future growth of the economy and a change in monetary policy the p.b.'s c. announced that they have no plans to either loosen or tighten policy and investors are worried that growth may stagnate if there is no potential further stimulus year to date though it is still massively twenty three point eight percent over in tokyo the nikkei trade at all is choppy all week ending pretty much flat and unchanged the eat out a small gain last minute up less than one percent doesn't look like they're going into much risk taking this week as the japanese market will have a string of holiday related closures between april twenty ninth through may sixth to observe golden week the hung sang and hong kong was down over one percent as a shanghai one home and i.p.o. hong kong biggest i.p.o. of two thousand one hundred plunged on its first day of trading and it up twelve

percent below its i.p.o. price this follows the cooling down of the hong kong i.p.o. market after an amazing twenty eighteen when it became the world's number one i.p.o. market over new york moving down over to australia the a.s.x. the assaye x. had a fantastic shortened week and then friday at fresh eleven year highs growth stocks were boosted with the prospect of increased liquidity on the back of rate cuts tech and health care led this rally. going over to. the sensex in bombay had a decent week up modestly on strong steel and industrials we spoke about how quick the auto market is now growing. over in africa the all shows were down as they struggle to continue to track foreign investments over in europe the footsie also fell this week on some soft earnings number and the mining giant glencore got hit by a probe into corrupt practices but the cac and the dax however were both up this week

modestly on the back of strong company reports. over here in colombia the coal cap is up slightly led by gains in agriculture while the brazilian evil best is up in salt paulo in brazil too they had a roller coaster week though as markets initially rose on the news of a vote on pension reform a drop soon after on worries the hurdles it would have to clear it finally ended the week up just slightly over in canada t s x t s x has had a decent week helped by higher oil prices however we. set the stage for a gloomy industrial outlook that then pulled back end of the week slightly negative meanwhile in the us the s.n.p. the n.y.s.e. and the nasdaq were all up about a percent on the back of strong earnings coming out of large cap leaders the nasdaq is now up twenty two percent for the year. time now for a quick break but hang here because when we return over a hazara on the i.p.o.

despite taking a major hit on q one earnings. a simpler trading steers us through all the latest moves for ideas in the market. and as we go to break here are the numbers at the closing bell. i. thank you thank.

what politicians to do something to. put themselves on the line to get accepted or rejected. so when you want to be president or injury. or somehow want to. have to go on to be press it's like the full story in the morning can't be good. i'm interested always in the waters in the house. questioning. the american politics it's. going to intensity and the notion that somebody's playing games at the mall edges of those election. believe it

influenced the outcome is frankly frankly absurd if we were to compare russia with you know the states you know the states has been faller. in influencing the domestic politics of other countries in the then russia. welcome back i report from the washington. think tank coauthored by famed economist jeffrey sachs estimated that more than forty thousand minutes way lies have died due to the effects of u.s. sanctions the report published by the center for economic policy research says the u.s. sanctions imposed in august of two thousand and seventeen have blocked access to

food and critical medicines most specifically the report says that the sanctions prevented the importation of anti-retroviral drugs needed by eighty thousand patients with hiv as well as treatments for venezuelans in need of dialysis and those afflicted with cancer and diabetes mr sachs who the new york times has called the most important economist in the world said in a press release the american sanctions are deliberately aiming to wreck venezuela's economy and thereby lead to regime change is a fruitless heartless illegal and failed policy causing grave harm to the venezuelan people. earlier today u.s. treasury secretary steven nugent announced new sanctions against the venezuelan foreign minister. a strike in scandinavia is threatening to ground thousands of passengers heading into the weekend more than fourteen hundred pilots who want a new contract with s.a.'s airlines have stopped work in denmark norway and sweden

nearly seven hundred flights with more than seventy two thousand booked passengers were canceled on friday another one hundred thousand aspiring air travelers could see their flights taken off the board by sunday the swedish airline pilots association statement emphasize their demands for change in scheduling with some pilots allegedly being made to work seven weekends in a row the union's communication director karen nyman describes the state of affairs . i can just say that we really have done everything to reach a solution but the demands that have been on the table have been unrealistic and i seriously jeopardize its competitiveness. and circling back to the united states new g.d.p. numbers out today show surprising strength the latest figures from the u.s. commerce department show the u.s. economy growing at three point two percent in the first quarter hitting a level that exceeded expectations market watchers had been bracing for

a much lower number after what felt like a full season of bad news including start market zigzags slowdowns in china and europe and the u.s. has continued entanglement and trade bikes across the pacific and they lead take us president reacted to the new numbers with his usual sense of humility and position . which will show very very lowered. our economy is doing great number one in the world we're number one economy right now in the world not even. this has been a good. good morning season week so far we've seen some strong b.'s by companies like amazon locking martin and coca-cola leading the broader markets higher however there's a key segment of the market that is lagging smallcaps in the past two months the russell two thousand has been much weaker with the end mix down one percent since february meanwhile the s. and p. five hundred is up more than four percent here to help us break it down is daniel

shea director of options at simpler trading welcome. thank you so much now this under-performance is really unusual we generally see smith cap stocks lead rallies as they tend to be less liquid when the market rises they get bid up quickly but we're not seeing that here why is that. you're right so we're not seeing that correlation and honestly i look back to last year and the way that the russell performed last year so if you remember in the beginning of twenty eighteen the russell was flying right what got hit so badly in the correction the russell and so for me when i look at this i say you know what after the correction when we had money pouring back into the stock market the money went into the large cap stocks the ones that are solid microsoft amazon facebook google and for that reason i think that the russell lagging many cats are currently known as leading indicators indicating the health of the overall market they hold more debt than their large

cap peers so they're more sensitive to inflation and rates what should be our takeaway here at this juncture should we be worried. you know i do think it's something important to look at but at the same time correlations don't always work out and for me when i'm looking at the market and where the strength is i see a lot of strength in the cloud computing sector in the cybersecurity and in the large cobbs and for me those are also illiquid well not the large caps but the other two are a those are more illiquid names but they're also the flyers and so when you have a lot of money coming into those areas it gives me a lot of confidence in the market yes that's correct the russell lagging but i think that investors are just cautious after the way that it performed last year and i also think that the stocks within the sectors are are the ones that just are not as strong right now. looking ahead on earnings we have google and apple reporting on monday and tuesday what's in store for us. so for these two these are

going to be the last of the things that are reporting earnings we've seen a little bit of a mixed bag so far after looking at netflix microsoft and amazon so first of all looking at both of them i would say they're incredibly strong they've had a lot of money coming into them but they're both very extended going into earnings and the same situation we have with the others if they are going to maintain that price point they have to absolutely blow away the numbers for me because the other companies have already reported so positive and we've seen rather muted moves that's what i'm looking for as more of a muted move in these two we saw amazon didn't react at all even though they be spectacularly showed that the stock had already pretty much priced in all the good news already. yes exactly. some look coming out we also have some very exciting i.p.o.'s we have over they recently revised their valuation down to eighty four billion in light of this struggle what do you make of this. i think

that's incredibly smart i mean lift came in with much too high of a valuation and you've seen sellers come in day after day at this point now with taz about fifty five percent high short interests a lot of people betting on the stock to continue to go down who are coming in at a lower price point at a lower valuation particularly after a lift has done so poorly is going to set them up for success of course they're not profitable at this moment in time but they're continuing to expand their service offerings and i personally think it's a buy they are raising in order to try to expand and break into some international markets such as mexico but however mexico actually came out with some new regulations how is it we're going to be responding to this. so honestly i don't think that the worldwide market has been very good burger. they have to deal with all of the different issues in europe with regulations as well and then they also have competition from companies that are starting up within their own countries so

for me. i can see that trying to go worldwide i think that they would be better off if they were just focus on the u.s. and dominate dominating the u.s. . slike technologies is another one we have coming up ahead of their much anticipated i.p.o. they just released their earnings report showing tremendous revenue growth a four hundred point six million or two thousand eight hundred average their losses are also growing to what can we expect from them. i think the flock has done a really good job of changing culture and changing the ways that people communicate within a company and so looking at their earnings reports i think is the key factor that we can take away from this is that the majority of their earnings come from their corporate accounts vary and they have a lot of free accounts however the reason why they're doing that is because they're getting people into their ecosystem so i think that's going to set them up in the

future to be able to charge even a small subscription fee that will enable them to increase their margins exponentially because they're already going to have millions of people within their ecosystem so i think they're on the right path i love flock i think it's a buy animal look forward to seeing what happens when it comes out danielle shea director of options a simpler trading thank you so much thank you. that's it by this time you can catch a boom bust and direct t.v. channel three twenty one dish network channel two eighty or streaming twenty four seven on pluto's t.v. the free t.v. at channel one thirty two are as always had us up that used to dot com slash two months r.t. the next time. facebook and google started with a great idea and great ideals unfortunately it was also

a very dark so. they are constructing a profile of you and that profile is real it's detailed and it never goes away turns out that google is manipulating your opinions from the very first character that you type into the search bar it will always favor one dog food over another one comparative shopping service over another and one candidate over another they can suppress certain types of results deiced on what they think you should be seen if they have this kind of power then democracy is an illusion the free and fair election doesn't exist the more we give them the sooner we're all. of a government of the platform against this dialogue because that does not allow any compromise invent

a platform talks about certain crimes serbia should pay war iterations. being in its official states simply things that everything is already over when they wake up from the illusions that they will have to face it several reality. imagine that you run a blood bank and they in one room are dead patients they've been dead since two thousand and eight j.p. morgan goldman sachs deutsche bank the n.p.a. society generali h.s.b.c. except for it in the other room you have a living middle class people and the point of blood bank is to take blood from the living middle class people and to transfuse that blood to the dead banks next door that they've been dead now for more than ten years they have all that and are in the middle class are going to. start to suffer and suffer horribly and many of them will die by the way they won't be getting any of the blood from the other middle

class people to keep them alive all the blood all the plasma goes to the dead but. my seven years doing drugs my nephews was still in drugs my sister just with doing drugs it was like an epidemic of drug abuse america's public enemy number one in the united states is drug abuse we started going after the users in the prison population sewer we started treating sick people people who are addicted to these drugs like criminals while i was on the hill became convinced that the war on drugs was a mistake there are countless numbers of people who are in prison for inconceivable . sins for owner minor offenders in the drug trade it's a lot watching your children grow up and miss you in waves and say by day as you're walking out of a business it's just it doesn't get easier. the

. russian national maria bruton is sentenced to eighteen months in prison for a us federal court for failing to register as a foreign agent it's very dangerous because if other countries adopt the same. you're going to get a tit for tat situation with countries grabbing civilians of other countries as leverage or for other reasons a three journalists are to be avoided then fronto french intelligence officials for questioning over their publication of sensitive information about france's arms sales to saudi arabia. a project of truly apic sent britain and germany hailing china's.