ford with his own signature japanese prime minister shinzo abi embraced a sweeping view of the deal mr abbey told reporters whether it be a single road or a single port on the u n japan undertake something we are able to build sustainable rules based connectivity from that in no pacific to the western balkans and africa the financing for the initiative will come from the e.u. as well as stakeholders and sponsors including private investors and international development monitors while neither japan nor the e.u. directly framed the plan as challenging the belgian road mr juncker pointedly noted that the comic to be accord would develop a quote without mountains of debt that claim was taken as many as a subtle but clear allusion to increasing complaints from borrower countries regarding the debt burdens of belt and road projects. japan also unveiled a new trade agreement with a night of states this week one that notably did not address u.s. president donald trump past complaints about a legit unfairness in terms of u.s. japan trade on cars and auto parts the decision to accept some modest incremental

progress for now leaves the auto issue to perhaps be revived in the future depending on the increasingly impulsive u.s. president here to situate that news and. the world is the car coach lauren fix. welcome back lauren 1st you know 1st on this mini deal on trade that sort of sets aside the 2 issues the japanese prime minister says the president trying to shore to him mr b. that he will not carry out the threat to impose 25 percent tariffs on japanese exports to the u.s. but with mr trump becoming increasingly erratic you have to wonder how much that pledge is worth is this deal just pushing off a flight until later what is the new status quo on autos between the u.s. and japan and how long will it hold. well i think what we're looking at is a negotiation we're trying to get them to purchase more of our goods and services and in japan on the other side there's a 2.5 percent tariff on all vehicles and auto parts coming into the u.s.

you know we do have a very large percentage of our vehicles being sold here in the u.s. are made by japanese auto makers some of which are built here in the u.s. and some of which are imported so one 3rd of the japanese tree is auto industry so it's a very important industry to japan and it looks like that is going to stay in place that is section 232 of their agreement that they're saying that this is not going to get touched and it looks like from what i'm hearing the auto motive portion will not be changed at all. so now there's an update on carlos gone the former c.e.o. of nissan this week he was tangled up in the us by the f.c.c. and his trial in japan is still pending and his wife made some i raise in comments about the dark side of japan in relation to her husband's case so what got settled this week with the f.c.c. and did miss going point to an elephant in the room so to speak. oh yes carol carol go and did have something to say it was really important noting how different executives were treated differently because carlos ghosn is not japanese he was

treated to prison and he's not going to probably get a fair trial from what it looks like but when you're the c.e.o. and the same type of thing happened. i was told to step down to step down there was no prison time there was no additional penalties he just disappeared so obviously you can see there's 2 dramatically different treatments and this is an issue because carol go on is saying that of the money that is $140000000.00 that was not shared with shareholders and how it was spent he didn't get any of it so we don't know this again this looks to me and it looks to everyone i've talked to in the industry is a coup to get rid of carlos ghosn because he was trying to merge 3 car makers into one which would have made them a very powerful company but instead they disposed of him. and lauren in happier news on automaker partnerships toyota is reportedly going to increase their stake in subaru made a similar move to further develop their relationship with suzuki last month what's

to yoda's play here and what is the dynamic is there a dynamic sort of driving this little flurry of corporate auto alliances. but when you have a corporate auto alliance what you're doing is saving money so toyota is substantially larger than subaru and suzuki but in sharing platforms with the power trains or technology it lowers the cost for everyone having a stake in subaru that's larger means that they're going to have more profit margin allowing them to expand their line subarus done really well here in the u.s. . lately they've had much expansion and on a global basis suzuki is still there although they don't sell vehicles here in the us they sell off road vehicles so you're going to see more profit margin and that's really what the bottom line is now back to the legal and regulatory beat b.m.w. is reportedly ready to take a hard line and refuse settlement of tartus from the e.u. antitrust authorities the regulators say that a circle 5 companies colluded to block cleaner technologies and besides b.m.w. they say audi dialer porsche and volkswagen were complicit smart to hold out. well

volkswagen is volkswagen group volkswagen group encompasses porsche skoda c on a bunch of other brands that includes lamborghini but one of the things to note is that the fall of the german car manufacturers b.m.w. saying we're not going to settle we've got a 1000000000 euros set aside and we're going to try and fight this because the fact is they feel that they have not broken any of the laws and rules again this is going to take a long time to come out this is still from diesel vehicles that are being sold in the u.s. some are still sold here but they're still selling quite a bit of them in europe although people think that electric vehicles may be the answer there's no profit margin in it so b.m.w. i'm sure would like to continue selling diesel vehicles and this is not going to get settled very quickly lauren fix the car coach thanks so much for joining us. thank you. despite the animosity and lack of progress with the trade where negotiations on an official macro level u.s. firms are now taking matters into their own hands executives from the biggest u.s.

financial firms including j.p. morgan and goldman sachs met with top regulators in beijing and a sign that the trade war with the u.s. has done little to do rail china's opening of its $43.00 trillion dollar financial system the increasing ties between wall street and the chinese market could make some of its executives important voices for china in washington even as a trade war rages on china has continued to open its financial sector at an unprecedented pace mirroring global banks to compete for its massive market china is determined to reform its market as it transitions into more consumption driven economy u.s. retail and financial services executives recognize the shift in its business landscape from 20 years ago when the model was made in china the next 20 years will be marked as consumed in china as the growth of the middle class population is rising at an alarming rate this will make it the greatest consumer market in history and in breaking news today just one thursday we once again heard that a trade deal is close the white house announced that they are considering limits on

u.s. investments into china once again escalating the situation into the scheduled trade talks among the possible actions to curtail investment is to delist chinese companies from the u.s. stock exchanges and limit americans exposure to the chinese markets delisting chinese companies would affect billions of dollars in investments pegged to major indexes ali baba alone is worth 450000000000 in market cap on the u.s. exchange just as china started repurchasing us as a gesture of good faith the u.s. slams back in yet another attempt to exert maximum pressure greenlit the discussions with the support of hard line advocates like former chief strategist bannon who in a recent briefing said that china is the frankenstein monster that we. have to destroy it is created by the west it's created by our capital.

macro headlines picked up by markets around the world let's see how they ended up over in russia down as the economy retained earlier trends of stagnation in consumer spending and construction amid growing industrial production prospects for growth remain vague though as the markets now anticipate more stimulus at the another year in the form of more funding for national projects now over in asia shares slipped over this week across the board to about a 3 week low on friday as worries about the health of the global economy mount japan and south korea the declines in asia over in japan the nikkei slid 1.3 percent led by heavyweights soft bank and it our ongoing troubles with we work the escalating dispute with south korea is now also impacting the overall health of the market as a race for supremacy and the semiconductor industry is at the center of this conflict and despite the limited trade deal between. the market it appears to basically shrug it off as the agreement does not cover trade in autos policy makers in tokyo believe that japan gave away too much and the u.s.

could now make harsher demands ahead and when that happens japan doesn't have many cards left in it there pam over in shanghai the composite slid 1.6 percent after trying to all of got smacked down once again with most likely not renewing waivers that lets american companies do business with way in another the footsie russell decided to not to be bond index this came after 2 of their major fixed income indexes incorporate chinese bonds this year are ready footsie didn't cite any specific reasons for leaving china off although it remains on the watch list this decision means that china is now missing out on $7500000000.00 of extra investment inflows a month stocks are covered slightly into the last night. going into a weeklong holiday now to celebrate the 70th anniversary of the founding of the people's republic over in hong kong the continues to bleed out as the riots have not gotten any better tourism contributes to about 20 percent of hong kong's g.d.p.

and now with the unrest hoteliers have issued an official s.o.s. to the government as plunging rates reach $9.00 a night and hit occupancy of only 20 percent over in india the sensex traded flat ending the week slightly up as recent tax changes help to boost earnings and stimulate the softening economy easing crude prices and optimism for trade resolution also cut the markets relatively upbeat this week over in australia the access was downbeat as metals and gold lagged and the precious metals now the 1500 level to the downside macro had lies between the u.s. impeachment investigations and brags that added to the increasing uncertainty and way down on the market and finally over in south africa all share slid down a percent as property and construction got hit this has now been the worst performance in now 9 years now over to day know what the rest of the americas and europe thanks kristie starting in paris with the cast was up on friday perhaps

avoid by the tax cut announcement from president. friday's gains were not enough to make up for some steep losses around midweek similar trend also in the dax this week also down tons of was among the big winners on the dax on friday while tech stocks were notably weak across the channel to the u.k. the footsie is up in a turbulent week on friday the footsie rallied in a bit of a bank shot many market watchers cited the weakening of the pound sterling after hints of an interest rate cut from a hawk at the bank of england which sent the u.k. currency on a slide as a boosting factor for the 40 on friday moving to the americas in brazil that is up for the week following the regional trend on friday delta airlines was really. preparing to liquidate their state stake in gold the biggest airline in brazil sending that company's stock down by 6 percent moving up to mexico the b.m.v. the mexican bolsa down for the week likely dragged down by the dismal prospects for

passing the new nafta the us and ca in the wake of quickly developing and pietschmann crisis for u.s. president donald trump and on the u.s. 2 exchanges a split decision this week with the n.y.s.e. and the tech heavy nasdaq both down while the s. and p. $500.00 was up. to report from reuters as christy cover earlier today said president trump was considering delisting chinese companies from u.s. stock exchanges knowing mr trump's attention span and in light of his quickly increasing distractions take that report for what it's worth and finally in toronto that is down from the week this week that he has unveiled a new feature that she is x. 30 which will aggregate the results of the top 30 stocks as measured over the previous 3 years and this is been your weekly quote all stock market wrap. now for a quick break but hang here because when we return it may only be a decade old but behind has already that's the pain in fact that is their future

for their down in the global currency market boom i've managed to catch up with roger vedder the founder of. his take on the future of finance and as we get a break here the number is actually close. to. not at me about it.

it's like richard marles worst nightmare is. dead planet everything on planet earth is dead because. we did all well there's a teenager in the us. crying her eyes out because she's going to grow up on a dead planet. and sold and resold it. with nothing except a dream of what it was what it was and it is no more. the tense situation in venezuela is still all over the news the problem in venezuela is not that socialism has been poorly implemented but that socialism has been faithfully implement from the inside venezuela things are different we're going to

announce sanctions against the troll to venezuela associate. in the school of a son of a moment to. get out of something. bad to move the people. focus the who story makes him henry kissinger to tell him it would not be tolerated in latin america an alternative economic and social system could take hold and therefore the policy would be to make. the economy scream so wants to make the economy of venezuela screed.

swiss conglomerate nestle is being proactive in adding new procedures to testing the products of bodies from suppliers found the weed killer glen for seat in some of the coffee beans or purchases argy correspondents or months is still good joins us with the details of the world's largest coffee company nestlé is increasing checks on the coffee it buys now this comes after recent tests showed some countries coffee beans contained life s. 8 levels are close to the regulatory limit the new procedures go into effect on october 1st and nestle has already notified its indonesian and certain brazilian being suppliers the move will only be temporary that is until producing countries can correct their application of life to say so it's our lens nestle said they are already actively monitoring the chemical use and said this monitoring program has shown that in some green coffee lots chemical residue levels are close to limits

defined by regulations we are reinforcing our controls working with suppliers to ensure that our green coffee continues to meet regulations all around the world but these processes could further complicate global coffee trade flows brazil is also the largest exporter of soybeans in the world and has become heavily reliant on agro chemicals like life to say this comes at a time when many countries around the world are looking to reduce their use of the herbicide or eliminate it completely these new test requirements are mostly for beans shipped from or into factories in europe australia and malaysia where legal limits of life a say are much lower than most other countries nestle said we are working with our members to reduce the use. to meet europe requirements which is much stricter than most other countries including the united states this is all while thousands of people await trial here in the united states against monsanto alleging that the exposure to round up caused their cancer here are the countries looking to ban

quote if they in the next few years germany which plans to ban that the herbicide by the end of 2023 this is when the european union's approval period for its use expires then is lugs emberg who says that they will ban the chemical by january of 2021 now more than 400 towns in argentina have already banned life a say and australia has also has several cities and towns that have banned life is safe this is true of many school districts as well and in june of this year austria announces its plan to ban life is say within the next year now 8 out of 10 provinces in canada have some sort of restrictions on herbicides including say france also has plans to eliminate the weed killer by 2021 with limited exceptions . you know. so this is great and seeing those regulatory action finally kick in i recall being in colombia years ago and meeting

with colombian couples who had just been in their fields water sources with this is there any consensus among these regulators about what the level is beyond which it's definitely on safe well there is no actual consensus even here in the united states of the thousands of people await their trials the p.a. says that the levels are much lower and says that the oversight does not cause cancer while the world health organization says that life is a is probably causing these cancers so we'll have to wait and see how these trials and up in the coming months or years i'm sure that it will take. orgy correspondents are monsters joke at thanks for joining us using. as a global macro look to be increasingly dismal krypto enthusiasm and hustlers remain unfazed this week volatility in the market short term when the real value is the network is growing boys hasher a transaction while you and wallet numbers all would have continued their upward trajectory this year and for all the naysayers out there looking at the price movements let's not forget that year to date because it has already doubled its

price what other asset class has done that we caught up with legendary investor and pioneer of the cut the industry roger vera and singapore rogers the founder of bitcoin dot com and is absolutely relentless in his endeavor to promote the widespread adoption of big client as a means for economic freedom roger was a key figure of the big win for in 2017 where he advocated to increase the number of transactions it's leisure can process by increasing the block size limit the argument for this was to treat bitcoin as a transactional currency rather than just a digital investment this came to a head forcing the network to fork into bitcoin core and bitcoin cash with roger at the helm a bit coin cash. i'm sitting here as roger very chairman and c.e.o. of make wine dot com is a pleasure to have you great to be here thanks so much so i think the 1st thing i want to ask you is how the hotshoe are going to hash words all done and over and now there's 2 versions of bitcoin there's the coin cash and the coin core because

the cash is the one that's most similar to the bitcoin that i got involved with back in 2011 the one that i was confident is going to get worldwide adoption and commerce and make the world a better place for everyone and that's why busy promoting the clean cash today i wish the big concord people good luck with their coin but it's not something that's interesting to me because it's not useful in commerce the payment transactions are slow expensive an unreliable on b 2 c. they're fast cheap reliable and decline cash you don't have to be a rocket scientist or an economist to figure out which one of those 2 versions of bitcoin is going to be more popular in the long run and i hear that you guys are now moving into trading and they can cash derivatives. we've started that process for. haven't gone live yet but we did launch our exchange exchange up between dot com just earlier this month so anybody anywhere in the world can trade a bunch of different crypto currency as with any other one but even more interesting than that we launched in june local dot com to let's anybody buy or sell because of cash for any payment method in any country with anyone with no k y c required for the coin dot com so it works in every country in the world for anyone any payment method that's a really big deal and i think a lot of people are aware that that exist so local dot com is

a real game changer hourly pay pay pal we chat duffel bags of cash any payment method in any country anywhere any amount local dot com i know you love big like you said that you like anything that works so what else works i think there's a lot of coins out there that work but one of the things that's really important is the network effect and i think that's the only reason why you still have the largest market cap is because it has this big network effect and it's riding on its own coattails but if you look at the cash its network effect is growing every day and every weekend more and more stuff is happening but i like dash i like cash i like sequin i like anything that works ripples another fantastic one if it works or if it's useful people are going to use it so look for the ones that are useful that's the one people are going to use sign i are involved in a lot of projects which projects i am most bullish on i'm most bullish about peer to peer electronic cash for the world that's what got me so excited back in 2011 when i entered the space and that's what i'm so excited about today because if you can enable people to be able to frictionless least in receive money with other people all over the planet you're increasing the amount of economic freedom in the

world and it's here in singapore this is one of the most economically free countries in the world it became one of the most wealthy countries in the world because of that economic freedom so let's bring that economic freedom to the entire world through peer to peer electronic cash and i think cash is the crypto currency that has the best shot of bringing the most economic freedom to the most people around the world and that's why i'm so excited about because in cash today completely agree and that entire process was completely fictional and now it's amazing how the 1st barrier to actually converting this paper money into currencies in the 1st place and that's like one that he's fairest entry how do you want to. local doubt because dot com any payment method in any country for any amount you can buy or sell big cash with it right now today check it out but some will and still holding the cash you have don't be the bad holder holding us dollars or euros or that old traditional money going to your crypto currency today because it works better and if i have i have some paper bills in my pocket right now i can't send them to somebody else on the other side of the planet i can even send someone on the other side of town with cash i can literally send it from here to anyone

anywhere on the planet for a 10th of a penny instantly just like that with with no permission required from anybody so right now in the u.s. cracking down on the regulatory do you see them falling behind in the global scale in terms of technology and tech and everything and what's your opinion about that the u.s. is falling behind on everything the more friction you put in place to progress the less progress you're going to have in the u.s. is doing a really good job of putting up all these barriers to the advancement of human kind and that's why we're seeing so much stuff happening outside of the u.s. more and more and it breaks my heart to say that as someone who's born and grew up in the heart of silicon valley but man if you make things difficult for people to do things and unless it is you know some massive exodus where which country to do what you want to do i wish i could say that there is one promise land where everybody can go and do anything that's peaceful that country doesn't exist yet but lots of countries have lots of things going for them and of course singapore is one of the ones that's one of the most economically free countries when it comes to financial things and businesses but man don't have any chewing gum here or don't

try smoking a joint you're in a world of a world of trouble whereas in california you can chew as much gum and smoke as much dope as you want but if you try and start a business doing those things there's going to be all sorts of red tape in regards to it so i guess you have to figure out the things that you're most interested in your own personal life and then figure out the part of the world that suits your needs and your wants the best and move there so where you what are you working on next i'm really really excited about bitcoin cash based tokens you can basically have tokens on the big chain that function like anonymous player shares that are able to receive dividends that's amazing in the history we've had to. we've had anonymous shares i don't think in all of human history we've ever had anonymous bear shares that we're able to collect dividends that now exist on big point cash and so it's a really really really big deal that's amazing and one of the big one of the big criticisms against op was actually the security aspect of it that it somehow makes us less secure but you have to say about that i think security meaning like financial security and security is in security from hacker exactly are 2 different

things my advice to everybody is hold your own private keep yourself keep your crypto currency yourself and then you're at nobody's mercy but your own and the big wall of course is a fantastic way to do it but that's true in any case if you're using an exchange it's ok but put your money and trade boudreaux your money back to your own wallet what you control the coins yourself and that's good advice and all these big hackings we've heard about in the cryptocurrency ecosystem the past those only happen when people are trusting their coins with somebody else if you're holding your coins yourself you're much much much safer against those sorts of things your passion is astounding i love it roger very thank you so much. that's it for this a c n x time. this is a story about. a stray bullet kills a young girl on the streets. happens to have daughters and. the mother daughter is innocent and terry. this is. what happens to the

community the public was screaming for a scapegoat the police need is a scapegoat so why not choose a 19 year old black kid with a criminal record who better than him and what happens in court. as far. as i feel. we don't know. and it's. unfortunately you. will still not know childress. in 2040 you know bloody revolution 2 to crush the demonstrations going from being relatively peaceful political protests to be creasing the violent revolution is always spontaneous or is it just always i mean your list book video 3 in the new

bill is that i mean you split needle the former ukrainian president recalls the events of $24.00 g. and. those who took part in it invested over $5000000000.00 to assist ukraine in these and other goals that will ensure a secure and prosperous and democratic. gandhian by north and so many people because they copied him he's so good that even such a bad cop be sending. i'm not anybody who comes in on the field to find the next guy. who looked up live on canyoning being done the unfelt something good she even done

plenty of. the clicks and move the c.e.o. safely to the deflection board is happy to say. that is a god given that i got out from idiots or heard. a lot about that on the board. that you can bank on you probably get nothing back up. long long while the name. on the bottom line principle cannot all. be $100.00. dollars going to. cease. to go to you mark you join you.

live in the morning mosco time in the headlines a democratic congressman of the us office his own version of president trumps focal with a leader of ukraine which proves to be far removed from the summary released by the white. house whereas the 1st occasion reveals that canada has been illegally transporting its plastic waste i'm a lazy if we get reaction from people at the mass climate change rally in montreal . if you are so rude. if you wish to cure. dishes i'm sorry to hear i'm going on on kept up with what. a series of blasts the small iraq afghanistan as the country goes to the polls in presidential elections after earlier threats by the taliban to disrupt up.