tv Boom Bust RT October 29, 2019 2:30am-3:32am EDT
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going to come from a round of golf on the break down what lies in store for the dog going to come from a round of golf on the break down what lies in store for the dog. as uncertainty rages on in europe the sense of the phrase seems to be making. as uncertainty rages on in europe the sense of the phrase seems to be making progress and there are reports that china and the u.s. are making progress towards a deal progress and there are reports that china and the u.s. are making progress towards a deal or with a bubba trading lend a hand to shore through stocks and how the talks are moving market or was above the trading london tend to force the stock and how the talks are moving market and later as truly a big tech the money continues to live for the night and later as truly a big tech the money continues to live for the night in the pack molly barrows contributor to america's lawyer logged on today to give us an overview of the facts molly barrows contributor to america's lawyer and logged on today to give us an overview of the regulation in the sector let's get do it. the regulation in the
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sector let's get do it. and update to the bread that saga leads our global report today as the u.k. will and update to the bread saga leads our global report today as the u.k. will not leave this week as the e.u. leaders agreed in principle to extending the deadline to the 30 knot leave this week as the e.u. leaders agreed in principle to extending the deadline to the 31st of january 2020. president donald tusk calls it a flex test of january 2020. president donald tusk calls it a flex tension which means that the u.k. can still leave before the new deadline if a deal were to be which means that the u.k. can still leave before the new deadline if a deal were to be approved by parliament despite prime minister boris johnson's assurances that they would be approved by parliament despite prime minister boris johnson's assurances that they would lead. with or without a deal this thursday
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a law known as the bend act require them leave with or without a deal this thursday a law known as the bend act required the prime minister to accept any extension offered from brussels with the extension as a prime minister to accept any extension offered from brussels with the extension as a backdrop just within the last hour the house of commons voted down mr johnson's plan to call back drop just within the last hour the house of commons voted down mr johnson's plan to call an early election on the 12th of december which would have required a 2 thirds majority to pass all an early election on the 12th of december which would have required a 2 thirds majority to pass prior to the vote mr johnson offered this plea for a general election to parliament prior to the vote mr johnson offered this plea for a general election to parliament. he said say that this was really is the idea. i think it is fair to say that nobody in this house relishes the idea of
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a general election because nobody wants to put the public to this of a general election because nobody wants to put the public to this inconvenience predict the as the gentleman says at this season in convenience predict the as the gentleman says at this season but across the country there is a widespread view that this but across the country there is a widespread view that this parliament has run its course and that is. the parliament has run its course and that is. that is because i simply do not believe that this house is capable that is because i simply do not believe that this house is capable of delivering on the priorities of the people whether that means bricks or anything of delivering on the priorities of the people whether that means bricks or anything else and of course i would rather get bricks it done
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you know of course i would rather get bricks it done. this marks the 3rd rail the town from mr johnson to college or. this marks the 3rd failed attempt for mr johnson to call a general election in the u.k. and with this latest legislative loss it is expected that neutral election in the u.k. and with this latest legislative loss it is expected that new legislation calling for december 9th election will be put up for a simple majority before we legislation calling for december 9th election will be put up for a simple majority before weeks and the risk of a no deal brags it has been substantially reduced as a sterling edged higher peaks and the risk of a no deal brags it has been substantially reduced as a sterling edged higher against the dollar. there's a lot going on here today so who better against the dollar. there's a lot going on here today so who better to turn to them former 1st minister of
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scotland and host of the alex semin show on r.t. to turn to them former 1st minister of scotland and host of the alex semin show on r.t. like salmon so 1st minister let's start with a quick explanation like salmon so 1st minister let's start with a quick explanation on where exactly we are with the plan to leave the e.u. . on where exactly we are with the plan to leave the e.u. . well we've witnessed a parliamentary medic. well we've witnessed a parliamentary medical today another once a dead prime minister put forward a motion to the huddle today another once a dead prime minister put forward a motion to the house of commons for an election on december the 12th he won the vote then the commons for an election on december the 12th he won the vote didn't
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get a 2 thirds majority so we didn't get a selection of why should he be date because this is the get a 2 thirds majority so we didn't get a selection of why should he be date because this is the bond voters johnson who said he would die in that debt rather than accept an extension to the 30 fast from the european union but today beyond borders johnson who said he would die in that debt rather than accept an extension to the therapy fast from the european union but today he wrote a letter to the european union accepting that extension so he wrote a letter ringback to the european union accepting that extension so we don't have somebody who said he would die in a ditch actually very much alive and from to that we don't have somebody who said he would die in a ditch actually very much alive and front of the house of commons trying to get a general election though he failed for the 3rd time tonight hopes of commons trying to get a general election though he failed for the 3rd time tonight but it's likely and
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this is breaking news that he will succeed tomorrow. but it's like clear this is breaking news that he will succeed to model by bringing but a bill which requires a simple majority to get by bring him but a bill which requires the simple majority to get election design by the 12th so the breaking news from the united kingdom from london tonight of the zambo of the 12th so the breaking news from the united kingdom from london tonight is when we should be watching replays of a wonderful life on television is when we should be watching replays of a wonderful life on television the politicians and the people will be fighting a general election just before christmas the politicians and the people will be fighting a general election just before christmas so now we witnessed a few extensions before we saw a 2 week telus so now we witnessed a few extensions before we saw a 2 week delay in march of this year followed up by the late in the deadline to the
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31st of october and lay in march of this year followed up by the late in the deadline to the 31st of october and now we have a deadline now at the end of january negotiators have been clear that they don't want our we have a deadline now at the end of january negotiators have been clear that they don't want any more extensions so is that set in stone or are we going to see more of this the next aren't any more extensions so is that set in stone or are we going to see more of this the next in the next 3 months. in the next 3 months. well you're quite right to say that european leaders are fed up with the united well you're quite right to say that european leaders are fed up with the united kingdom subtly fed up and it has been dominating the proceedings of the european union of subtly fed up and has been dominating the proceedings of the european union now for the last 3 years and these constant
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extensions that are in a benign for the last 3 years and these constant extensions that inability to reason may the previous prime minister to formulate any sort of deal and no facility for theresa may the previous prime minister to formulate any sort of deal and no footballer's johnston to get a deal that has been agreed through the house of commons is called ballers johnston to get a deal that has been agreed through the house of commons is causing extreme weather station across the continent but the reason they have agreed with the extreme weather station across the continent but the reason they have agreed to that extension today and that's been agreed by the prime minister is the european need to that extension today and that's been agreed by the prime minister as the european union no sense there's going to be an election they wanted either an election on the no sense there's going to be an election they wanted either an election or a referendum so the matter would come to
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a conclusion and the reason that europe has been referendum so it's a matter that would come to a conclusion and the reason that europe has been content to offer the extension to genevieve fair to fast next year in contempt off of the extension to genevieve fair to fast next year is they believe the matter is going to be resolved by the people in the general election and ms they believe the matter is going to be resolved by the people in the general election and that seems unlikely as we speak to go through the house of commons tomorrow the last seems unlikely as we speak to go through the house of commons tomorrow. listen let's break the melodrama there's always a twist in the plot. and let's break that melodrama there's always a twist in the plot so let's get to this call for another general election what's the difference between that so let's get this call for another general election what's the difference between the 2 dates put forth with the 12th of december which
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was just rejected by the m.p.'s and the 9th of december 2 dates put forth with the 12th of december which was just rejected by the m.p.'s and the 9th of december which is expected to be tabled this week. and i went back to the table this week. while it's not going to be the line they bought us johnson has taken a. while it's not going to be the line they bought us johnson has taken a plan from the liberal democrats that's the 4 for opposition party and the scottish klein from the liberal democrats that's the 4 for opposition party and the scottish national party myopathy the from the opposition party in the house of commons on the 2nd ash no party myopathy the from the opposition party in the house of commons on the 2nd opposition party and as a doctor himself and i said i could opposition party and as a doctor himself and i said i was tonight he'll be tabling the bill tomorrow except
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the date will be the 12th most the night that he'll be tabling the bill tomorrow except the date will be the 12th not the 9th now though there's a bit of truth sucking and humming and hawing from the lot the 9th now though there's a bit of truth sucking and humming and hawing from the liberal democrats on the s.n.p. if he can convince them that he's not going to little democrats and the s.n.p. if he can convince them that he's not going to try to sneak agreement through the house of commons in a matter of days to try to sneak his breaks agreement through the house of commons in a matter of the days then they'll probably go along with the 12th of december not the 9th. then they'll probably go along with the 12th of december not the 9th forecast but of course nothing is staff and this move from the liberal democrats and the f. out forecast but then of course nothing is staff and this move from the liberal democrats and the s.n.p.
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is contrabass there will be some to vamp catchable shots on their 2nd month in the people of the body following if they've taken the the ball away from the opposition labor party they've taken the enmeshed of them brought things to a conclusion. they are dispositional labor party they've taken the enmeshed of them brought things to a conclusion they've stopped the breath of express that builds we're going to froogle are going to say 3 in the lead and it's a lot of the dollars just say the playing into dollars this is hanson's because he has the command and being the person lead he has the and the offender many of my plan bills and including lead in the opinion polls in england at least and can reasonably expect in a free christmas election to the target with at least and can reasonably expect in a free christmas election to return triumphant mangy that's what to these are many thought when she launched her surprise alectryon front mangy that's what police are many thought when she launched her surprise election in 2072007 protein
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and probably lost a little bit lost a majority of the soul impulse over to politics and i was like in life nothing at all is certain. so we don't there is nothing at all. so we didn't say a snap election in the june of 2017 so what are the citizens of u.k. thinking about the snap election in the june of 2017 so what are the citizens of u.k. thinking about the situation like are they different thinking differently than 2 years ago and what will be accomplished by have a situation like are they different thinking differently than 2 years ago and what would be accomplished by having this general election. thing this general election. i think the office of the country is very very closely split i think the office of the country is very very closely split i mean the the the reason for this long agonizing 3 years of what i
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mean the the the reason for this long agonizing 3 years of waiting to come to a resolution of brecht's it's underlying the country that's uniting waiting to come . the resolution of brecht's as underlying the country that the united kingdom is split down the middle on being remain on so it's very difficult kingdom is split down the middle on being remain so it's very difficult to get to a resolution when opinion is so closely fought now i thought to get a resolution when opinion is so closely fought now i suspect there is a majority in the country who wants to see the matter resolved i think of some they could suspect there is a majority in the country who wants to see the matter resolved i think of some they could sell it will toss a coin and i will either be resolved by breck's or it will toss a coin and i will either be resolved by breck's or or will be dissolved by remaining battle be resolved one way or the other the probable joyously with excel
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will be resolved by remaining battle be resolved one way or the other the probable joyously would accept the toying costs but that's not going to be the cause of a coil it's going to be a general at the toying costs but that's not going to be the cause of a coil it's going to be a general election and then of course there are big differences in the countries within the united kingdom section then of course there are big differences in the countries within the united kingdom england has a reasonable majority you would think for breaks but less so a strong remain england has a reasonable majority you would think for breaks but are still are strong remain tendency with us scotland is overwhelming will remain and then northern ireland tendency with scotland this overwhelming will remain and then northern ireland which is pro remain about has the party representing it which is progress which is pro remain about has the party representing it which is pro breakfast and then
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wales which is split down the middle so in addition to the public opinion exit and then wales which is split down the middle so in addition to the public opinion across the united kingdom being split there are differences between the 4 countries with a cross. the united kingdom being split there are differences between the 4 countries which constitute the united kingdom all of that has been the ingredients for the last constitute the united kingdom all of that has been the ingredients for the last 3 years of a a parliamentary stalemate now lose her for 3 years of a a parliamentary stalemate now lose her if that stalemate it's about to be broken and broken by a pre christmas if that stalemate it's about to be broken and broken by a pre christmas general election the 1st it went to an election since $1700.00 or less than the 1st it went to an election since 1974 and it will be very
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interesting to see people at kenan 54 and it will be very interesting to see if their people are keen enough to tom know when the weather gets cold in the nights get dark however a tough time now when the weather gets cold in the nights get dark however that has to be said that the last one to the election of february 9th use of the 4 surprised everybody has to be said that the last went to the election of february $97.00 the 4 surprised everybody by having a huge toddlerhood so it's not necessarily the case that just because it's what by having a huge tunnel it so it's not necessarily the case that just because it's winter that people don't get to the polling stations and perhaps the people turn out just that people don't get to the polling stations and perhaps the people turn out just to see a final resolution to this loan brax the bait to see a final resolution to this loan brecht the bait fascinating situation very
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complicated than and thank you so much for breaking it down fascinating situation very complicated than and thank you so much for breaking it down. thank. you. thank. you the mayor of all index of argentina surged on monday morning as trading opened following the weekend the murder ball index of argentina surged on monday morning as trading opened following the weekend victory of fernandez in the nation's elections this spike was also driven in part a victory of fernandez in the nation's elections this spike was also driven in part by the argentine central bank's decision to impose controls on the amount of monthly dollar purchases by the argentine central banks decision to impose controls on the amount of monthly dollar purchases for individuals cutting the number to
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$200.00 down from $10000.00 or individuals cutting the number to $200.00 down from 10000 mr fernandez who led the center left coalition along with former president cristina fernandez de kirchner fernandez who led the center left coalition along with former president cristina fernandez de kirchner topped incumbent. with a 48 percent of the vote as opposed to the top incumbent. with a 48 percent of the vote as opposed to 40 percent for mr mccree despite the exit of the create for nando's has offered to 40 percent for mr mccree despite the exit of the create for nando's has offered to honor the i.m.f. major loan to the country of $57000000000.00 and the new i.r. of the i.m.f. major loan to the country of $57000000000.00 and the new i.m.f. chief crystal offered her congratulations on twitter claiming that she met chief crystal offered her congratulations on twitter claiming that she looks forward to working with the new administration to tackle the nation's economic problems may
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look forward to working with the new administration to tackle the nation's economic problems mr fernandez issued this statement to supporters in one as august following the election results on sunday. issued this statement to supporters in one us artist following the election results on sunday then we will build the argentina. true that we are then we will build the argentina is not true that we. are going to enter the world we will build. into the world we will build the country that are. our best. and leave the country that are. our best. and we. elevate them a. l a v m h the holding company behind louis vuitton mill and hennessy has made
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a 14.5 the holding company behind louis vuitton mill and hennessy has made a 14500000000 dollar bid for tiffany's out $120.00 per share marking a $22.00 personal yen dollar bid for tiffany's out $120.00 per share marking a 22 percent premium this would be bernard biggest acquisition and would expand the front on premium this would be bernard biggest acquisition and would expand the french company to access u.s. luxury consumers this deal would also help come to company to access u.s. luxury consumers this deal would also help compete against who currently is the watches and jewelry segment as of january the heat against who currently is the watches and jewelry segment as of january this unit which includes borger who blow and tag only brought in 9 percent of overall revenue analysts believe that tiffany's will likely reject the current offer for being too low this unit which includes borger who blow and tag only brought in 9 percent of overall revenue
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analysts believe that tiffany's will likely reject the current offer for being too low as the brand is immortalized in new york icon there is a host of potential rebel as the. brand is immortalised new york icon there is a host of potential revenue and a new and expensive energy and centered country so that he can create all good and well the creation headed as an elf pocket and has the board pockets the board of directors is currently reviewing the proposal and advised shareholders to take no actions yet or the directors is currently reviewing the proposal and advised shareholders to take no actions yet the luxury goods sector is worth about $800000000000.00 according to estimates by b. c. the luxury goods sector is worth about $800000000000.00 according to estimates by b c g who expects it to grow at 4 to 5 percent a year on taught least 2025 g. who expect it to grow at 4 to 5 percent a year on taught least 2025 l.v.i. majors in competition with south africa's reach month francoise panels care l v m
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h is in competition with south africa's reach month francoise panels carolyn who owns the portfolios of the world's most sought after luxury goods brands ilang who owns the portfolios of the world's most sought after luxury goods brands. time now for a quick break but hang here because when we return. time now for a quick break but hang here because when we return uncertainties rages on in europe as a transpacific trade by seems to be making progress uncertainties rages on in europe as a transpacific trade by seems to be making progress as there are reports that china and the u.s. are making progress towards a deal. as there are reports that china and the u.s. are making progress towards a deal as above but trading in london at hand to sort through the stocks and how the talks are moving markets are as above the trading in london at hand to sort through the stocks and how the talks are moving market and later the scrutiny of
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big tech stocks and the money continues to roll and for the titans of tech and later the scrutiny of big tech stocks and the money continues to roll and for the titans of molly barrows contributor to america's lawyer blogs and today to give us an overview of molly barrows contributor to america's lawyer blogs and today to give us an overview of regulations in the sector and as we go to break here the number of. regulations in the sector and as we go to break here the numbers.
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grew to pretty. great depression. remember. remember it was. it wasn't it was bed you know much worse subjectively than day. there wasn't it was bed you know much worse objectively than today but there was an expectation that things were going to get better. but there was an expectation that things were going to get better. of there was a real sense of hopefulness there isn't today today's america where there was a real sense of hopefulness there isn't today today's america was shaped by the turn principles of concentration of wealth and power to shape by the turn principles of concentration of wealth and power. reduce democracy
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attack solo doubt. reduce democracy attack solo doubt engineer elections manufacture consent another principle engineer elections manufacture consent and other principles according to no i'm jones one set of rules for the rich according to no i'm jones one set of rules for the rich opposite set of rules for. that's what happened opposites. that's what happens when you put her into the hands of a narrow sector of when you put her into the hands of a narrow sector of will which will is dedicated to increasing power for itself just as you'd expect will which will is dedicated to increasing power for itself just as you'd expect one of the most influential intellectuals of our time speaks about the
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money $1.00 of the most influential intellectuals of our time speaks about the modern civilization of america. modern civilization of america. to day. to day there are good tennis and bad debt it's the bad debt it is said losing me and then there are good tennis and bad debt it's the bad debt it is said those in yemen to the united states deems to be a threat the good tennis of those one in syria who the united states deems to be a threat the good tennis of those who are in syria the cia and the u.s. military were engaged in covert actions really throughout the world the cia and the u.s. military were engaged in covert actions really throughout the world. where they were assassinating populist leaders they were battles. where they were assassinating
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populist leaders they were backing up right away military windows funding in our means death squads there's no can up right way military windows funding in our means death squads there's no posts anymore because there's always a small people for really any more because there's always a small income for a really good that's good for profit. and could this good for profit. is you'll media a reflection of reality. is you'll media a reflection of reality.
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in a world transformed. what will make you feel safe in a world transformed. what will make you feel safe from. isolation community. isolation community. are you going the right way or are you being led. are you going the right way or are you being led. by. what is true what is. what is true what is faith. in the world corrupted you need to face. in the world corrupted you need to descend. to join us in the depth of this and.
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to join us in the depth. already made in the shallowness. already made in the shallowness. big over 40 percent. decline jumped over 40 percent this weekend after chinese president xi jinping gave a speech embracing blocking and calling this weekend after chinese president xi jinping gave a speech embracing blocking and calling on china to advance development in the field but calling jump as high as 10300 to advance development in the field but
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according jump as high as 10332 on saturday as she motivated china to taking a leading position on the under $32.00 on saturday as she motivated china to taking a leading position on the sector. they're bouncing off of the 200 day moving average it appears that china just come sector bouncing off of the 200 day moving average it appears that china just confirmed facebook founder mark zuckerberg sworn into congress last week calling for china to excel firm facebook founder mark zuckerberg sworn in to congress last week calling for china to accelerate its adoption of watching technologies as a core for innovation that p.t.s.d. had already its adoption of watching technologies as a core for innovation that p.b.s. he has also been working on his own digital currencies since 2014 in order to reduce the cost and it's also been working on his own digital currency since 2014 in order to reduce the cost involved in circulating traditional paper based money
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a senior official at the bank reported that the bald and circulating traditional paper based money a senior official at the bank reported that the plan to build token would bear similar it aries to facebook libra further feeling that landed all token would bear similar it aries to facebook libra for their feeling the technology arm race between china and the us block change has the potential to the technology arm race between china and the us block change has the potential to disrupt the whole financial landscape as the current system has failed the world time and time again the whole financial landscape as the current system has failed the world time and time again when the control and management of finance centralized entities veers off course and when the control and management of finance centralized entities veers off course it has very real effect on people's lives you get disasters such as the greek debt crisis has very real effects on people's lives you get disasters such as the greek debt crisis the venezuelan hyperinflation crisis the turkey
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currency crisis and most recently it has the venezuelan hyperinflation crisis the turkey currency crisis and most recently argentina as an teams default throughout the periods of hyperinflation and then as argentina's an teams default throughout the periods of hyperinflation in venezuela and. herky and the bank runs in argentina cryptocurrency usage have been on the rottweiler and turkey and the bank runs in argentina cryptocurrency usage have been on the rise this shows that people in dire straits are looking to cut those as means to reach guys this shows that people in dire straits are looking to create those as means to retain control and survive in a country where ffion is no longer valuable cribbing control and survive in a country where ffion is no longer valuable crypto gives the power back into the hands of the people and with more on the moscow gives the power back into the hands of the people. and with more on the matter head over to todd horowitz chief strategist of bubba trading so todd it's head over to todd horwitz chief strategist
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above the trading so todd it seems like soccer brains prophecy is eerily coming true already that means china well it seems like soccer brains prophecy is eerily coming true already that means china will outpace the u.s. in developing internet 3.0 and the critical block technology that will help pace the u.s. in developing internet $3.00 and the critical block technology that will be the cornerstone of the new century meanwhile the u.s. is still trying to kill off be the cornerstone of the new century meanwhile the u.s. is still trying to kill off the new leader technology in its infancy before it's even been built so where are the new leverage technology in its infancy before it's even been built so where are we now has the us there toned at all towards libra. are we now in a has the us there tone at all of towards libra. well you know i think when you look at the entire cryptocurrency world you know well you know i think when you
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look at the entire cryptocurrency world you know the biggest problem that everybody has including china's central bank is that they want the biggest problem that everybody has including china's central bank is that they want to have control of it and the whole idea behind the crypto currency the whole idea behind it they have control of it and the whole idea behind the crypto currency the whole idea behind bitcoin and libor is not to be regulated where can be manipulated or controlled bitcoin and libor is not to be regulated where can be manipulated or controlled like it's done now so china's digital currency if they get one is going to be slugged it's done now so china's digital currency if they get one is going to be strictly be manipulated as it is now just like the united states currently strickly be manipulated as it is now. just like the united states currency like every other forget currency the big question is meant for that had to eliminate the b.
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if you like every other forgot currency the big question is meant for that had to eliminate the b. if you had currency system it also helps people to get their money out of a country if that currency system it also helps people to get their money out of a country if they're going broke you know you are if you're greece or even israel if you have money when i get out you can get out quickly you're going broke you know you are if you're greedy or even israel if you have money when i get out you can get out quickly through but going to can't carry it out with bars of gold so again these are the ways of true but going to can't carry it out with bars of gold so again these are the ways of transferring money and china has been using bricklaying with russia for about 6 or 7 years already so i guess answered money and china's but it was a big question with russia for about 6 or 7 years already so i guess there are going to be ahead but at the end of the day the united states will be just as far as there are going to be ahead but at the end of the day the united states will be just as far along but right now there's a battle because they don't want to give control of the currency along but right
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now there's a battle because they don't want to give control of the currency like every other central bank in the world they want to be able to manipulate that cash like every other central bank in the world they want to be able to manipulate good cash value and they need to so one of the main features of this dish will arm be that you're devalued and they need to so one of the main features of this digital r. and b. that's currently being proposed by the p.b.'s c. is that it will no longer rely on the u.s. this with and is currently being proposed by the p.b.'s c. is that it will no longer rely on the u.s. a swift and chips payment system which allows for international cross border transactions the us has contracts payment system which allows for international cross border transactions the us has control of the swift network allows for tremendous power when it comes to sanctioning or troll the swift network allows for tremendous power. when it comes to sanctioning or stifling cross border payments so do you think this is exactly what you are saying that they are stifling cross
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border payments so do you think this is exactly what you are saying that the u.s. is afraid of losing control of their current. currency dominance u.s. is afraid of losing control of their current. currency dominance. well again i think that the u.s. will remain the dominant. well again i think that the u.s. will remain the dominant currency player forever i mean as long as i'm alive anyways again i think that we're going to relearn major fangs as ever stronger i mean as long as i'm alive anyways again i think that we're going to remains a strong the strongest the biggest the rim bimby or the r. and b. what you're talking about when it becomes digital will it is the biggest the rim bimby or the r. and b. what you're talking about when it becomes digital will be able to be done and headed to somebody else's block chain wall be able to be done and headed to somebody else's blog chain was ok again we don't know the details of how that money
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could be transferred because but ok again we don't know the details of how that money could be transferred because basically the digital version of the r. and b. is going to be the same as a current recently the digital version of the r. and b. is going to be the same as a currency version so how is somebody to get into a bank or ever if they take a c. version so how is somebody to get it into a bank or ever if they take delivery of the currency is not that's not a crypto currency it can be manipulated very of the currency is not that's not a crypto currency it can be manipulated is simple as the dollar the currency can be now so again i think it belated is simple as the dollar the currency can be now so again i think we're looking at this in the wrong way the real benefit of the cryptocurrency world is looking at this and the wrong way the real benefit of the cryptocurrency world is that there is no central bank there's no though but it can manipulate and price the things i set out there is no central bank there's no
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though but it can manipulate and price the things out they trade 24 hour a day and they're done totally on prices government not on what the fed decides rate 24 hour a day and they're done totally on prices government not on what the fed decides to do on wednesday now turning over to actually its mark and now we are looking at some to do. on wednesday now turning over to the equities market now we are looking at some of the all time highs as reports of phase one of the trade they are basically completed and the all time highs as reports of phase one of the trade they are basically completed and all of the 206 companies that currently have a part of this earnings season 78 of them have and all of the 206 companies that currently have a part of this earnings season 78 of them have topped analyst expectations so given the softness that we've seen elsewhere in the economy doesn't it top analysts expectations so given the softness that we've seen elsewhere in the economy doesn't even make sense that we are all the way up here and had analysts expectations just
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been to even make sense that we are all the way up here and had analysts expectations just been too pessimistic this quarter. of us let's say it this way kristie pessimistic this quarter. of us let's say it this way kristie 1st of all our earnings have beaten already a lower than expected earnings so again i don't get out of our earnings have beaten already a lower than expected earnings so again i don't give their earnings any stock and creating this market but again when companies are their earnings and the stock and creating this market but again when companies under promise and then they over deliver even drover delivering nothing they draw a trek new money under promise and then they over deliver even drover delivering nothing they draw a trek new money investors the overall market should not be at these levels but remember markets are meant to read investors the overall markets should not be at these levels but remember markets are mind irrational much longer because at the end of the day the chase for yield is what people are
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a little much longer because at the end of the day the chase for yield is what people are looking for there they need to get yields on earth portfolios and that's what they're chasing so that's going for their they need to get yield on earth portfolios and that's what they're chasing so that's that will eventually be what will bring the markets down and those firms a trade deal that will of the. actually be what will bring the markets down and those far as a trade deal i'm not so sure just to step up and say that deal's almost done i get you a dollar yet i'm not so sure just to step up and say that deal's almost done i guess you'll do all you have to do is look at the grain markets the grain markets were lower today and what should have been good and to do is look at the grain markets the grain markets were lower today and what should have been good news for grains so you can tell me the grains have been right on every single announcement news for grains so if you can tell me the grains have been right on every single announcement in this trade deal i don't think anything is done and again i think
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it's going to be done when it's done and in this trade deal i don't think anything is done and again i think it's going to be done when it's done and the grains are telling you right now that nothing is done tahara as above the grains are telling you right now that nothing is done tahara is above the trading thank you so much for being here. thank you. thank you so much for being here. thank you. google's parent company apple that. google's parent company apple the and is expected to report 3rd quarter earnings after the market closes today when they give the report is expected to report 3rd quarter earnings after the market closes today when they give the report company executives could also face questions over the u.s. antitrust probe legal journalist molly bumpy executives could also face questions
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over the u.s. antitrust probe legal journalist molly barrows 6 contributor for america's morning news here now with more so molly 1st anya's contributor americans learn it here now with more so molly 1st any word on what the stock earnings report will be. well hi kristie yeah fine and word on what the stock earnings report will be. well hi kristie yes financial analysts say alphabet and is expected to post quarterly earnings at $12.57 to analysts say alphabet and is expected to post quarterly earnings at $12.57 a share on revenue of $40000000040290000896.00 that is it says a share on revenue of $40000000040290000896.00 that is it was $1306.00 for the same quarter last year and besides discussing these latest numbers it's probably was 13 to 6 for the same quarter last year and besides discussing these latest numbers it's possible company executives will get some questions about the antitrust probe
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the attorney general texas a civil company executives will get some questions about the antitrust probe the attorney general texas announced this summer it's leading a group of 48 state attorneys a state attorneys general rather tools announced this summer it's leading a group of 48 state attorneys a state attorneys general rather to look into allegations of anti-competitive practices by google google the company's tech giant and they look at allegations of anti-competitive practices by google google the company's. tech giant and the focus will mainly be on google's control of online advertising businesses and search traffic focus will mainly be on google's control of online advertising businesses and search traffic and basically if the company is manipulating those results to undermine their own competitors or pike and basically if the company is manipulating those results to undermine their own competitors or perhaps influence elections as some politicians seem to feel kristie some of the perhaps influence elections as some politicians seem to feel kristie the federal trade commission finished a probe into some allegations against google and found no manipulation federal
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trade commission finished a probe into some allegations against google and found no manipulations of surface also intending to her rivals so what's new about this probe of surface all intending to her rivals so what's new about this probe. just more information more concerns more complaints. just more information more concerns more complaints and it all boils down to political pressure there is heightened scrutiny of all these tech industry giants and it all boils down to political pressure there is heightened scrutiny of all these tech industry giants in general and concerns are that these online super powers like google and facebook are manipulates in general and concerns are that these online superpowers like google and facebook are manipulating the content their users see to affect their choices and her business or even played in the content their users see to affect their choices and her business or even political rivals like levy consumers to certain
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products or politicians of the texas little rivals like levy consumers to certain products or politicians of the texas a.g. a republican is leading the google investigation a new york democratic attorney general a.g. a republican is leading the google investigation a new york democratic attorney general is leading the multi-state facebook probe missouri's also been investigating google's for the past goals leading the multi-state facebook probe missouri's also been investigate. google's for the past couple of years it's now folding its investigation into this new texas investigation and as you mentioned in the bill years it's now folding its investigation into this new texas investigation and as you mentioned in 2013 the f.t.c. ended its 2 year anti-trust probe they found the company did not 2013 the f.t.c. ended its 2 year antitrust probe they found the company did not manipulate search results the f.t.c. also looked into allegations of search bias and scraping of manipulate search results the f.t.c. also looked into allegations of search bias and scraping of content said google agreed to stop that
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a scraping or misappropriating competitors content said google greed to stop data scraping or misappropriating competitors content and so a.g.'s say though they're still hearing from people that google is collecting more on 10 and so a.g. say though they're still hearing from people that google is collecting more and more data from their users all the sell those targeted ads in the mean time delivery and more data from their users all the sell those targeted ads in the mean time delivering them what they call an increasingly poor experience so that's where a lot of this pressure is coming from now some of them what they call an increasingly poor experience so that's where a lot of this pressure is coming from now so what other investigations has google face. boy you know what other investigations has google face. boy you name it lots of and they just seem to be growing over the past few years so google faces 2 other major inquiry amid lots of and they just seem to be growing over the past few years so google faces 2 other major inquiries a u.s. justice department investigation as well as
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a pro by the house of representatives judiciary agrees a u.s. justice department investigation as well as a pro by the house of representatives judiciary committee there's been previous investigations that touched on advertising like this one but other committee there have been previous investigations that touched on advertising like this one but other probes focused again on their special specialized search tools that google uses for shop probes focused again on their special specialized search tools the. google uses for shopping finance data local businesses again advertising 5 states including taking finance data local businesses again advertising 5 states including texas looked into it back in 2010 but allegedly ended a few years later with no real reason gets is looked into it back in 2010 but allegedly ended a few years later with no real reason given missouri also looked into the scope of google's data collection and whether that was affecting it even missouri also looked into the scope of google's data collection and whether that was affecting its competitors and in fact just this past september google agreed to pay 170000000
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competitors and in fact just this past september google agreed to pay $170000000.00 fine to the government for violating online privacy rules for children because dollars fine to the government for violating online privacy rules for children because google owns you tube and basically the f.t.c. found that they were gathering data on kids google owns you tube and basically the f.t.c. found that they were gathering data on kids by tracking what videos they're watching and then targeting ads today and that's illegal basically because there are tracking what videos they're watching and then targeting ads today and that's illegal basically because there are federal rules that protect that information from gathering there from federal rules that protect that information from gathering there for kids under 13 it's the children's online privacy protection act so lots of allegations under 13 the children's online privacy protection act so lots of allegations that are similar over the years and the only real test
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a geisha in that has proven any patients that are similar over the years and the only real test a geisha in that has proven anything is one from the e.u. which issued its largest antitrust fine yet 2.7 thing as one from the e.u. which issued its largest antitrust fine yet 2700000000 against google shipping or shopping rather for favoring their own products over other competitors so it's going to be interesting to see some of these other. agee's don't think that in 1000000000 against google shipping or shopping rather for favoring their own products over other competitors so is this going to be interesting to see some of these other agencies don't think that it's going to be as easy to prove that google is doing this as it was for the european union but will it's going to be as easy to prove that google is doing this as it was for the european union but we'll just have to wait and see fascinating and we'll definitely see how this earnings will be if i just have to wait and see fascinating and we'll definitely see how this earnings will be affected by this molly barrows contributor to america's lawyer
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thank you so much. to buy this molly barrows contributor to america's lawyer thank you so much. christie face christie. china china is now a is now home the home to to more and more the most wealthy people than the u.s. for the 1st time in history according to credit suisse is the most wealthy people than the u.s. for the 1st time in history according to credit suisse his latest global wealth report and overnight 24 year old eric schiff son of billy latest global wealth report and overnight 24 year old eric schiff son of billionaire founder of you know buying a pharmaceuticals became the richer than trump that its parents give the half hour as you know buying a pharmaceuticals became the richer than trump that as parents give to him a stake in the company worth about $3800000000.00 the transfer of to him a stake in the company worth about $3800000000.00 the transfer of $2700000000.00 shares made eric one of the wealthiest individuals as there was no gift tax in home
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when $7000000000.00 shares made eric one of the wealthiest individuals as there was no gift tax in hong kong it's the latest in a tsunami of asian wealth that has been passed down to the next generation call it's the latest in a tsunami of asian wealth that has been passed down to the next generation eric was also named an executive director and a member of the company's executive board comedian eric was also named an executive director and a member of. company's executive board committee the same day before being given this role he previously served as c.e.o. at the me the same day before being given this role he previously served as c.e.o. at the north american army recruitment company lipping graduating from war new pen erik north american army recruitment company being graduating from war new pen eric is also listed as a director on at least 5 other company boards in hong kong is also listed as a director on at least 5 other company boards in hong kong. that's it for this time you can catch a boom bust on directv channel 321. that's it by this time you think i had to boom
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bust on direct t.v. channel 321 dish network out to haiti or streaming 247 on twitter t.v. the free t.v. app that work out to haiti or streaming 247 on twitter t.v. the free t.v. app down to 79 has always had us that you. are trying to 79 has always had us that you. are take the next time. the next time.
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you know world of big partisan. you know world of big partisan. and conspiracy it's time to wake up to do. and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever deeper to hit the stories that made stream media refuses to tell more than ever we need to be smarter we need to stop slamming the door. and we need to be smarter we need to stop slamming the door. and shouting past each other it's time for critical thinking it's time to shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now
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fight. the middle for the troops the time is now we're watching closely watching the hawks. are watching closely watching the hawks. so what we've got to do is identify the. so what we've got to do is identify the threats that we have it's crazy. let it be an arms race of his own threats that we have it's crazy thing for him to let it be an arms race of his own spearing dramatic development only personally i'm going to resist often spearing dramatic development only personally i'm going to resist i don't see how that strategy will be successful very critical. i don't see how that strategy will be successful very critical time to sit down and talk. to
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sit down and talk. they put themselves on the line positions to. put themselves on the line to get accepted or rejected. so when you want to be president and they get accepted or rejected. so when you want to be president and you. want to. have to be right to be. want to. have to be right to be close this is what before 3 in the morning can't be good. i mean but this is what before 3 in the morning can't be good. i'm interested always in the waters in the.
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feel bad see the pentagon he says he's not. he's not ready to. back up the leader of islamic state in syria. but instead back up the leader of islamic state in syria we look at how the world's most wanted terrorist did manage to. look at how the world's most wanted terrorist did manage to a. long. process the legal team of traumas former security. across
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the legal team of troubles former security advisor who was charged with lying to investigators to lie just michael since testimony. charged with lying to investigators to lie just that michael. since testimony was altered by the f.b.i. . it's taught by the f.b.i. . it's talk to the voters have a chance to pronounce on the deal. the brits have a chance to pronounce on the deal to replace this dysfunctional parliament the british prime minister's replaced this dysfunctional parliament the british prime minister's 3rd attempt to get an early election is rejected again by parliament that is the union gives you time to get an early election is rejected again by parliament that is the union gives you carry until the end of january to get breast
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