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tv   Boom Bust  RT  October 29, 2019 2:30pm-3:31pm EDT

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paid by seems to be making progress and there are reports that china and the u.s. are making a fight seem to be making progress and there are reports that time and the u.s. are making progress towards a deal or was above a trading lend a hand to shore through talks and congress or the deal or was above a trading lend a hand to shore through talks and how the talks are moving market and later scrutiny of big tech the muddle the talks are moving market and later scrutiny of big tech stuff the money can be used to live for the night in the pack. contribute to america's lawyer log all you can do you will live by the time the cat molly bears contributor to america's lawyer logged on today to give us an overview of the regulation in the sector let's get do it today to give us an overview of the regulation in the sector let's get do it. and update to the bread saga leads our global report today. an update to the bread saga leads our global report today as the u.k. will not leave this week as the e.u.
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leaders agreed in principle to x. as the u.k. will not leave this week as the e.u. leaders agreed in principle to extending the deadline to the 31st of january 2020. president donald pending the deadline to the 31st of january 2020. president donald tusk calls it a flex tension which means that the u.k. can still leave before the new deadline has calls it a flex tension 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 if a deal were to be approved by parliament despite prime minister boris johnson's assurances that they would leave with or without a deal this thursday a wall no surance is that they would 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 and as the bend act required the prime minister to accept any extension offered from brussels. with the extension as
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a backdrop just within the last hour the house of commons voted with the extension as a backdrop 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 town mr johnson's plan to call an early election on the 12th of december which would have required a 2 thirds majority to pass prior to the about mr johnson offer of this play for 2 thirds majority to pass prior to the about mr johnson offer of this play for a general election to parliament. i think it is fair to say that nobody in this house or general election to parliament i think it is fair to say that nobody in this house relishes the idea of a general election because nobody wants to relishes the idea of a general election because nobody wants to put the public to this inconvenience predict the as the gentleman said the public to this inconvenience predict the as the gentleman says this season but across the country there is
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a widespread view as this season but across the country there is a widespread view that this parliament has run its course and that this parliament has run its course and that is. that is because i simply do not believe that this house. and that is because i simply do not believe that this house is capable of delivering on the priorities of the people whether that means bres is capable of delivering on the priorities of the people whether that means bricks or anything else of course i would rather get breaks. or anything else of course i would rather get breaks it done is ok this marks the 3rd failed attack done is ok. this marks the 3rd failed attempt
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for mr johnson to call a general election in the u.k. and with this latest legislative run for mr johnson to call a general 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 or lost it is expected that new legislation calling for december 9th election will be put up for a simple majority before weeks and the risk of a no deal bragg's it has been substantially reduced a simple majority before weeks and the risk of a no deal brags it has been substantially reduced as the sterling edged higher against the dollar. has a lot of cost as a sterling edged higher against the dollar. there's a lot going on here today so who better to turn to them former 1st minister of scotland and host of the alley going on here today so who better to turn to them former 1st minister of scotland and host of the alex semin show on r.t. alex salmon so 1st minister salman let's start with a quick explanation on where exactly we are with the plan to leave the e.u. summit show on r.t.
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like salmon so 1st minister salman let's start with a quick explanation on where exactly we are with the plan to leave the e.u. . well we've witnessed a. well we've witnessed a parliament move. into the. and another well once on a dead dead dead prime minister mr putin forward a motion to the house of commons for an election on december the 12th put forward a motion to the house of commons for an election on december the 12th he won the vote didn't get a 2 thirds majority so he didn't get its election why should he be dead he won the vote didn't get a 2 thirds majority so he didn't get its election why should he be dead because this is the man bought his johnson who said he would die in that debt because this is the man bought his johnson who said he would die and that debt rather than
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accept an extension to the therapy fast from the rather than accept an extension to the therapy fast from the european union but today he wrote a letter to the european union except the european union but today he wrote a letter to the european union accepting that extension so we don't have somebody who said he would die in a ditch actually thing that extension so 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 very much alive and front of the house of commons trying to get a general election though he failed for the 3rd time tonight but it's likely and this is breaking news that he will die tonight but it's likely and this is breaking news that he will succeed tomorrow by bringing back a bill which requires the simple majority see tomorrow by bringing back a bill which requires the simple majority to get that election undeserved of the
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12th so the breaking news from the united to get that election undeserved of the 12th so the breaking news from the united kingdom from london tonight is when we should be watching replays of a wonderful time from london tonight is when we should be watching replays of a wonderful life on television the politicians and the people will be fighting a general life on television the politicians and the people will be fighting a general election just before christmas. now when asked a few extensions before action just before christmas. so now we went to a few extensions before we saw a 2 week delay and march of this year followed up by the late in the deadline to the 3rd our we saw a 2 week delay and 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 even to go to 1st of october and now we have a deadline now at the end of january negotiators have been clear that they don't
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want any more extensions so is that set in stone or are we going to 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 in the next 3 months. let's see more of this the next in the next 3 months. well you're quite right to say that european leaders are fed up. well you're quite right to say that european leaders are fed up with the united kingdom subtly fed up and there's been dominating the. united kingdom subtly fed up and there's been dominating the proceedings of the european union now for the last 3 years at least constant proceedings of the european union now for the last 3 years at least constant extensions that inability to reason may the previous prime minister to formulate and extensions that inability to reason may the previous prime minister to formulate and he saw the
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deal and no footballer's junction to get a deal that has been agreed through the house thought a deal or no footballer's junction to get a deal that has been agreed through the house of commons is causing extreme weather station across the continent but the real star commons is causing 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 recently have agreed 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 want to as the european union no send . there's going to be an election they wanted either an election or a referendum so the matter would come to a conclusion and either an election or a referendum so the matter would come to a conclusion and the reason that europe has been content to offer the extension to genevieve $30000.00 and the reason that europe has been content to offer the extension to genevieve 31st next year is they believe the matter is going to be
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resolved by the people next year is 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 and the general election and that seems unlikely as we speak to go through the house of commons tomorrow the lesson unless bracks melodrama there's always a commons tomorrow the lesson unless bracks melodrama there's always a twist in the plot so let's get to this call for another general election question the plot so let's get to this call for another general election what's the difference between the 2 dates put forth with the 12th of december which was just rejected by the what's the difference between the 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 plain and the 9th of the time i went back to the table this week. while it's not going to be the line.
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while it's not going to be the line they brought us johnson has taken a climb from the liberal democrats to 4 for position johnson has taken a climb from the liberal democrats to 4 for opposition party and the scottish national party myopathy the fall of the opposition partition past the on the scottish national party myopathy the 3rd opposition party in the house of commons on the 2nd opposition party and as a doctor in the house of commons on the 2nd opposition party and as a doctor that himself and i said i was tonight he'll be tabling the bill tomorrow except himself and i said i was tonight he'll be tabling the bill to model except the date will be the 12th not the 9th now though there's a bit of truth sucking the day will be the 12th not the 9th now though there's a bit of truth sucking and humming and hawing from the liberal democrats on the
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s.n.p. if he can to win the humming and hawing from the liberal democrats on the s.n.p. if he can convince them that he's not going to try to sneak his breakfast agreement through the house of commons vence them that he's not going to try to sneak his brakes agreement through the house of commons in a matter of the days then they'll probably go along with the 12th of december not in a matter the days then they'll probably go along with the 12th of december not the 9th forecast but then of course nothing is staff and this move from the 9th forecasts but then of course nothing is staff and this move from the liberal democrats and the s.n.p. is controversial some people say they've taken the liberal democrats and the s.n.p. is controversial some people say they've taken the the ball away from the opposition labor party they've taken the enmeshed of the bra. things turn the the ball away from the opposition labor party they've taken the enmeshed of the broad things to a conclusion they've stopped the bracks that bill going through others say in the
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playing a conclusion they've stopped the bracks that bill going through others say they're playing into dollars johnson's hands because he has a commanding lead and then $2.00 johnson's hands because he has a commanding lead in the opinion polls and england at least and can reasonably expect in a free christmas on the opinion polls and england at least and can reasonably expect in a pre christmas election to determine triumphant mangy that's what to resume a thought when she action to the term triumphant mangy that's what to resume a thought when she launched her surprise election in 2017 and promptly lost a majority launched her surprise election in 2017 and promptly lost a majority so in politics as in life nothing at all is certain. it's all in politics as in life nothing at all. so we don't see
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a snap election in the june of 2017 so what i'm a citizen so we don't see a snap election in the june of 2017 so what are the citizens of u.k. thinking about this situation like are they different thinking differently than 2 years ago and i've u.k. thinking about the situation like are they different thinking differently than 2 years ago and what we accomplished by having this general election. and what we accomplished by having this general election. i think obviously the country is very. i think the office of the country is very very closely split them in the the reason for this long argued very closely split i mean the the the reason for this long agonizing 3 years of waiting to come to a resolution of brecht's that is of the lionizing 3 years of waiting to come to a resolution of brecht's that is underlying the country that's the united kingdom
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is split down the middle on being remain in the country that's the united kingdom is split down the middle on being remain or breaks it so it's very difficult to get to a resolution when opinion is so closely or breaks it so it's very difficult to get to a resolution when opinion is so closely thought now i suspect there's a majority in the country who wants to see the matter resolved thought now i suspect there's a majority in the country who wants to see the matter resolved i think of some they could salute will toss a coin and either be resolved by i think of some they could salute will toss a coin and either be resolved by breck's or all of us or by remaining bit will be dissolved what we have other than those breaks are all be resolved by remaining but will be dissolved what we have other than those probably have a joy he would accept the toyman course but that is not good to be the court. of aqaba overjoyed he would accept the toying costs but that's not going to be the cost us of a coil is going to be a general description of the levee of punjab was
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a lot of big debt and offensive discourse and magna cum definitely it's a swiss and in the countries within the united kingdom paying them one has a really going to move because the joy you would think these for them are brangwyn it's just the state so far bracks but our strong robust and so tendency strongarm screen got to the standards say over what was going on the screen but will mean less overwhelming will remain and then northern ireland which is pro remain about has the power to represent and then northern ireland which is pro remain about has the party representing it which is pro bracks it and then wales which is split down the middle so and the dishing it which is pro bracks it 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 to the public opinion across the united kingdom being split there are differences between the 4 countries which
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constitute the united kingdom all of that has been there in the 4 countries which constitute the united kingdom all of that has been the ingredients for the last 3 years of a a parliamentary stalemate ingredients for the last 3 years of a a parliamentary stalemate no loops or if that stalemate it's about to be broken and broken by it now look at that stalemate it's about to be broken and broken by a pre christmas general election the 1st it went to an election pre christmas general election the 1st it went to an election sense $974.00 and it will be very interesting to see a sense of 974 and it will be very interesting to see if their people are keen enough to tom know when the weather gets cold in the night sky. people who are clear enough there to tom know when the weather gets called in the nights get dark
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however it has to be said that the last winter election of every day to serve before dark however it has to be said that the last winter election of every day to serve the 4 surprised everybody by having a huge truck load so it's not necessarily the case surprised everybody by having a huge truck load 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 just because it's winter that people don't get to the polling stations and perhaps the people of tom note just to see a final resolution to this long bus of people tom loge just to see a final resolution to this long breaks that the bait fascinating situation very complicated to. debate fascinating situation very complicated to examine thank you so much for breaking it down. thank you so much for breaking it down.
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the marble index of argentina served on monday morning at. the marble index of argentina served on monday morning as trading opened following the weekend victory about battle fernandez in the nation's elections this is trading open following the weekend victory about battle fernandez in the nation's elections this spike was also driven in part by the argentine central banks decision to impose controls on the amount of spike was also driven in part by the argentine central bank's decision to impose controls on the amount of monkley dollar purchases for individuals cutting the number to $200.00 down from monthly dollar purchases for individuals cutting the number to $200.00 down from $10000.00 mr fernandez who led the center left coalition along with former. 10000 mr fernandez who led the center left coalition along with former president cristina fernandez de kirchner topped
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incumbent. with a 48 percent cristina fernandez de kirchner topped incumbent. with a 48 percent of the vote as opposed to 40 percent for mr mccreery despite the exit of mcrae's and of the vote as opposed to 40 percent for mr mccreery despite the exit of the create for nando's has offered to honor the i am most major along to the country of $57000000000.00 for nando's has offered to honor the i am most major along to the country of $57000000000.00 and the new i.m.f. chief crystal offered her congratulations on dollars and the new i.m.f. chief crystal ina george offered her congratulations on twitter claiming that she looks forward to working with the new administration to tackle the nation's 2nd letter claiming that she looks forward to working with the new administration to tackle the nation's economic problems mr fernandez issued this statement to supporters and when i was august following the problems mr fernandez issued this statement to supporters and when i was august following the election results on
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sunday. we will build the argentina we did the actual results on sunday then we will build the argentina we did true that we. are going to enter the world true that we. are going to enter the world we will build the country that are. our best. we will build the country that are. our best. and leave. and leave. the holding company behind louis vuitton mill and hennessy. ellaby mh the holding company behind louis vuitton mill and hennessy has made a $14500000000.00 bid for tiffany's at $120.00 per share. a $14500000000.00 bid for tiffany's at $120.00 per share marking
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a 22 percent premium this would be bernard's biggest acquisition market a 22 percent premium this would be bernard's biggest acquisition and would expand the french company to access u.s. luxury consumers this deal would end and would expand the french company to access u.s. luxury consumers this deal would also help l v m h compete against richmond who currently leads the watches and jewelry segment also help l v m h compete against richmond who currently leads the watches and jewelry segment as of january this unit which includes both gray who blow and tag only brought as of january this unit which includes both great who blow and tag only brought in one percent of overall revenue analysts believe that tiffany's will likely reject the current in one percent of overall revenue analysts believe that tiffany's will likely reject the current offer for being too low as a brand is immortalised new york icon off for being too low as the brand is immortalized in new york icon there is a host of potential revenue and expense energies that can also be created l b m
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h has deep there is a host of potential revenue and expense energies that can also be created l b m h has deep pockets the board of directors is currently reviewing the proposal and advised shareholders to pockets the board of directors is currently reviewing the proposal and advise shareholders to take no actions yet the luxury goods sector is worth about $800000000000.00 a take no actions yet 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 top or into estimates by b.c.g. who expect it to grow at 4 to 5 percent a year on top least 2025 l.v.i. mages in competition with south africa's reach month lease 2025 l v m h is in competition with south africa's reach month francoise panoz carolyn who owns the portfolios of the world's most sought after luxury. francois pienaar caroling who owns a portfolio of the world's most sought after luxury goods brands. time now for
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a quick break but hang here but it's brand. time now for a quick break but hang here because when we return uncertainties rages on in europe as the trans-pacific trade goes when we return uncertainty 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 toward buy seems to be making progress as there are reports that china and the u.s. are making progress towards a deal todd horowitz above the trading lend us a hand to sort through the stocks and all the talk of the deal was above the trading lend us a hand to sort through the stocks and how the talks are moving market and later the scrutiny of big tech stocks and the money continues are moving market 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 the lead by the titans 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 is
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a nice to give us an overview of regulations in the sector and as we go to break here are the numbers at the. great depression. during the great depression which i'm old enough to remember there was most of my family were employed working. there wasn't
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it was bed you know much worse a family were employed. there wasn't it was bed you know much worse objectively than to day but there was an expectation that things were going to get better just and listen today but there was an expectation that things were going to get better . there was a real sense of hopefulness there isn't today. there was a real sense of hopefulness there isn't today today's america was shaped by the turn principles of concentration of wealth the days america was shaped by the 10 principles of concentration of wealth and power. reduced democracy at one power. reduced democracy attack solid doubt engineer elections manufacture can stack solid doubt engineer elections manufacture consent and other principles according to no i'm jones to one
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another prince holds according to no i'm jones one set of rules for the rich opposite. set of rules for the rich opposites. that's what happens when you put her into the hands of the narrows that's what happens when you put her into the hands of a narrow sector of will which will is dedicated to increasing power for chill factor of will which will is dedicated to increasing power for itself just as you'd expect one of the most influential intellectuals of our time just as you'd expect one of the most influential intellectuals of our time speaks about the modern civilization of america. speaks about the modern civilization of america.
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is you'll be via reflection of reality. is you'll be via reflection of reality. in a world transformed. what will. in a world transformed. what will make you feel safe. hyson nation full make you feel safe. tyson nation will community. are you going the right way or are you community. are you going the right way or are you being led. direct. what is true
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being led so. direct. what is true what is faith. in the world correct what is faith. in a world corrupted you need to descend. prompted you need to descend. to join us in the depths. or a mate in the shallowness to join us in the depths. or a mate in the shallowest. today there are good terrorists and mad at us. the for today there are good terrorists and bad dead it's the bad terrorists and those in the end then the united states
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deems to be a threat to them bad terrorists and those in the end then the united states deems to be a threat the good that it is those who work in syria the cia and the us military were good those who work in syria the cia and the us military were engaged in covert actions really throughout the world. where they were sent gauged in covert actions really throughout the world. where they were assassinating populist leaders they were backing up the right way military funding and isolating populist leaders they were backing up the right way military funding an army of death squads there's no end because there's always a small army of death squads there's no end because there's always a small. really good. profit. or a really good. profit.
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over 40 percent this week and after chinese president xi jinping gave a speech over 40 percent this weekend after chinese president xi jinping gave a speech embracing blocking and calling on china to advance development in the field bit calling john praising blocking and calling on china to advance development in the field because i jump as high as 10332 on saturday as she motivated trying to. it's as high as 10332 on saturday as she motivated china to take a leading position on the sector bouncing off of the 200 day moving average it taking
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a leading position on the sector bouncing off of the 200 day moving average it appears that china just confirmed facebook founder mark zuckerberg sworn into congress last week here is that china just confirmed facebook founder mark zuckerberg sworn into congress last week calling for china to accelerate its adoption of watching technologies as a core for innovation calling for china to accelerate its adoption of watching technologies as a core for innovation the p.b.s. he has also been working on his own digital currency since 2014 isn't that p.b.s. he has also been working on his own digital currency since 2014 in order to reduce the cost involved in circulating traditional paper based money a senior official order to reduce the cost involved in 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 still at the bank reported that the planned digital token would bear similar it aries to facebook's libra further feeling the
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technology arm raised between china and the u.s. bloddy brought further feeling the technology arm raised between china and the us block change has the potential to disrupt the whole financial landscape as the current system has failed change has the potential to disrupt the whole financial landscape as the current system has failed the world time and time again when the control and management of finance centralized low world time and time again when the control and management of finance centralized entities veers off course it has very real effects on people's lives you get disaster entities veers off course it has very real effects on people's lives you get disasters such as the greek debt crisis the venezuelan hyperinflation crisis the turkey currency crisis such as the greek debt crisis the venezuelan hyperinflation crisis the turkey currency crisis and most recently argentina and teams default throughout the peer. and most recently argentina's un team default throughout the period of hyperinflation in
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venezuela and turkey and the bank runs in argentina cryptocurrency hyperinflation in venezuela and turkey and the bank runs in argentina cryptocurrency usage have been on the rise this shows that people in dire straits are looking across usage have been on the rise 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 what those as means to retain control and survive in a country where ffion is no longer valuable krypto gives the power back into the hands of the people are valuable crypto 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 and with more on the matter head over to todd horwitz chief strategist of bubba trading so todd it seems like soccer brains prophecy is eerily coming true already that means china will outpace the u.s. in developing internet $3.00 and the so top it seems like prophecy is eerily coming
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true already that means china will outpace the u.s. in developing internet $3.00 and the critical block in technology will be the i will not quantity that start with an update of the senator story on one of the news media and while the us meanwhile the u.s. is still trying to kill off the new leader technology in its infancy before it's even been built is still trying to kill off the new leader technology in its infancy before it's even been built so where are we now has the us there toned at all towards libra so where are we now has the u.s. there toned at all towards libra. well you know i think when you look at the entire crypto. well you know i think when you look at the entire cryptocurrency world you know the biggest problem that everybody has including china sense currency world you know the biggest problem that everybody has including china's central bank is
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that they want to have control of it and the whole idea behind the crippled bank is that they want to have control of it and the whole idea behind the crypto currency the whole idea behind bitcoin and libor is not to be regulated were can go currency the whole idea behind bitcoin and libor is not to be regulated were can be manipulated or controlled like it's done now so china's a digital currency of the human it really are controlled like it's done now so china's digital currency if they get one that is going to want to be going to see. them in the business it is it is not how it is now. because just like these like the united states security it's like on every other of your father for your facts you can get into currency the big book that one of the biggest medical for a value that that was meant for that had to eliminate the b. if you had currency system it also helps people to get their money out a limb in a to be if you had 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
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if you have money why get 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 not you can get out quickly through get through but going to get you can't carry carry out with you are the go bars of gold so you get again these are the ways of transferring money and china has been using been going with russia for about 6 years these are the ways of transferring money and china has been using big going 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 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 along but right now there's a battle because they don't want to give an example but just as far along but right 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 a bit of an intro all of the currency 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
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main features is really good cash value 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 are lots of my own to me that means you are listening the same proposed what i did and see it pay is that it will no longer realignments i understand which allow me must for you as this international with and. in order to start transom which allows for international cross border transactions the us has control of the swift network allows for tremendous power actions the us has control of the swift network allows for tremendous power when it come. sanctioning or stifling cross border payments so do you think this is exactly what comes to sanctioning or stifling cross 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. what you are saying that the u.s. is afraid of losing control of their current theocracy dominance. well again i
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think that the u.s. will remain currency dominance. 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 the dominant currency player forever 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 he 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 be able to be done and headed to somebody else's becomes digital will be able to be done and headed to somebody else's blog chain wallet ok again we don't know the details of how that money block chain wallet 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 send to be transferred because basically the digital version of the r. and b. is going to be the same as a currency version so how is somebody going to get into a bank are lame as
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a currency version so how is somebody going to get it into a bank or ever if they take delivery of the currency is not that's not a crypt or ever if they take delivery of the currency it's not that's not a crypto currency it can be manipulated is simple as the dollar the currency can be whole currency it can be manipulated 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 krypto now so again i think we're looking at this in the wrong way the real benefit of the cryptocurrency. the world is that there is no central bank there's no though but it can manipulate and the world is that there is no central bank there's no though but it can manipulate and price of things out they trade $24.00 route day and they're done totally on prices government prices things out they trade 24 hour a day and they're done totally on price is governed not on what the fed decides to
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do on wednesday now turning over to the equities market not what the fed decides 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 now we are looking at some of the all time highs as reports of phase one of the trade they are basically completed and all of the $206.00 companies that currently have a quarter of this earnings say basically completed and all of the 206 companies that currently have a quarter of this earnings season 78 of them have topped analysts expectations so given the softness that we've seen alison 78 of them have topped 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 elsewhere in the economy doesn't even make sense that we are all the way up here and had analysts expectations just been too pessimistic this quarter. expect a she has just been too pessimistic this quarter. of us let's do it this way christy 1st of all our earnings have beaten already
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a lower than expected earnings let's do it this way kristie 1st of all our earnings have beaten already a lower than expected earnings so again i don't give their earnings any stock and creating this market so again i don't give their earnings any stock and creating this market but again when companies under promise and then they over deliver even their over delivering nothing but again when companies under promise and then they over deliver even if they're over delivering nothing they detract new money investors the overall markets should not be at these levels were they detract new money investors the overall markets should not be at these levels but remember. market your mind a rational much longer because at the end of the day the chase for your member markets your mind irrational much longer because at the end of the day the chase for yield is what people are looking for there they need to get yield on earth portfolios and that's healed is what people are looking for there they need to get yield on earth portfolios and that's what they're chasing so that's that will
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eventually be what will bring the markets down and that's what they're chasing so that's that will eventually 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 burrs a trade deal i'm not so sure just to step up and say that deal's almost done again you had all you have to do is look at the grain markets the grain markets were lower today again you had all you have to do is look at the grain markets the grain markets were lower today and what should have been good news for grains so if you can tell me the grains have been right and what should have been good news for grains so 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 it's going to every single announcement 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 to be done when it's done and the grains are telling you right now that nothing is done tahara is above the trading thank you so much
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for being here. thank you todd hard as above the trading thank you so much for being here. thank you. google's. google's parent company apple the and is expected to report 3rd quarter earnings after the market closes today and company apple the and 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 when they give the report company executives could also face questions over the u.s. antitrust probe legal journalist molly barrows contributor for american morning here now with more so legal journalist molly barrows 6 contributor for american morning here now with more so molly 1st any word on what the stock earnings report
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will be. amalia 1st any word on what the stock earnings report will be. well hi christi yes financial analysts say alphabet and is expected to post quarterly earnings well hi christi you all define it all into analysts say hours and it also is expected to post quarterly earnings at a share on twitter at all dollars of nvidia $0.07 a share on funny or you $40000000044129001472.00 and that is it was it was there was 13 you know 6 for the 6 for them the same quarter last year and besides this discussing these latest numbers it's possible company executives will get some questions about the antitrust progress in these latest numbers it's possible 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 the attorney general texas announced this summer it's leading a group of 48 state attorneys a state attorneys general rather to look into allegations of anti-competitive
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practices by google google the company the state attorneys general rather to look into 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 business tech giant and the 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 misses and search traffic and basically if the company is manipulating those results to undermine their own competitors or perhaps influence elections as some politicians seem to feel cresting their own competitors or perhaps influence elections as some politicians seem to feel kristie . the federal trade commission finished a probe into some of the allegations against google and the federal trade commission finished a probe into some allegations against google and found no manipulations of surface all intending to her rivals so what's new about no manipulations of surface all intending to her rivals so what's new about this probe. just more
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information more. this probe. just more information more concerns more complaints and it all boils down to political pressure there's heightened scrutiny of our concerns more complaints 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 superpowers like all these tech industry giants in general and concerns are that these online super powers like google and facebook are manipulating the content their users see to affect their choices and on facebook or manipulating the content their users see to affect their choices and her business or even political rivals like levy consumers to certain products or upon her business or even political rivals like levy consumers to certain products or politicians of the texas republican is leading the google investigation in new york the titians of the texas republican is leading the google investigation in new york's democratic attorney general is leading the multi-state facebook probe
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missouri's also been investigating democratic attorney general is leading the multi-state facebook probe missouri's also been investigating google's for the past couple years it's now folding its investigation into this new texas investigation in google's for the past couple 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 antitrust probe and and as you mentioned in 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 they found the company did not manipulate search results the f.t.c. also looked into allegations of search bias and scraping of content said google agreed to stop data scraping or missed search bias and scraping of content said google agreed to stop data scraping or misappropriating competitors content and so a.g. say though they're still hearing from people that appropriating competitors content 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 cell those targeted as goog. all is collecting
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more 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 so what other investigations has google face. in the meantime delivering 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 name it lots of and they just seem to be growing over the past few years so google faces boy you name it 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 a pro by the house of 2 other major inquiries 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 average representatives judiciary committee there have been previous investigations that touched on advertising like this one but other probes focused again on their special specialized search tool izing like this
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one but other probes focused again on their special specialized search tools that google uses for shopping finance data local businesses again advertising that google uses for shopping financed at a local businesses again advertising 5 states including texas looked into it back in 2010 but allegedly ended a few 5 states including texas 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 years later with no real reason given 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 and whether that was affecting its competitors and in fact just this past september google agreed to pay $170000000.00 fine to the government for violating online privacy a $170000000.00 fine to the government for violating online privacy rules for children because google owns you tube and base of the f.t.c.
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found that they were gathering data. as for children because google owns you tube and base of the f.t.c. found that they were gathering data on kids like tracking what videos they're watching and then targeting ads today and that's illegal add on kids like 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 will basically because there are federal rules that protect that information from gathering there for kids under 13 it's the children's online privacy protection act of gathering that for kids under 13 it's the children's online privacy protection act so lots of allegations that are similar over the years and the only real investigation that has proven anything is one from the you which issued its largest antitrust fine so lots of allegations that are similar over the years and the only real investigation that has proven anything is one from the you which issued its largest antitrust fine yet 2700000000 and shipping to shopping and revenue the
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if in a very little shipping or shopping rather for favoring their own products over other competitors so it's going to be interesting products over other key competitors. of these 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 agee's 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 we'll just have to wait and see fascinating will definitely see how the european union but we'll just have to wait and see fascinating we'll definitely see how this earnings will be affected by this molly marrows contributor to america's lawyer thank you so much this earnings will be affected by this molly barrows contributor america's lawyer thank you so much. thanks christi. china. thanks kristie. china is now home to more the most wealthy people than the u.s.
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for the 1st time in history is now. home to more 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 aaron according to credit suisse his latest global wealth report and overnight 24 year old eric schiff son of billionaire founder of pheno buying a pharmaceuticals became the richer than traumatic shit son of billionaire founder of pheno by a pharmaceuticals became the richer than trump that as parents give to him a stake in the company worth about $3800000000.00 that as parents give to him a stake in the company worth about $3800000000.00 the transfer of 2700000000 shares made eric one of the wealthiest individuals as there was the transfer of $2700000000.00 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 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 eric was
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also named an executive director and a member of passed down to the next generation eric was also named an executive director and a member of the company's executive board committee the same day before being given this role he previously companies executive board committee the same day before being given this role he previously served as c.e.o. at the north american army recruitment company paying graduating to serve as c.e.o. at the north american army recruitment company lipping graduating from war new pen eric is also listed as a director on at least 5 other company boards from war new pen eric 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 hong kong. that's it for this time you can catch a boom bust on direct t.v. channels 321 dish network channels to haiti or streaming 247 on blu directv channel 321 dish network channels to haiti or streaming 247 on british t.v. the free t.v.'s show to sunday night as always tell us about usage dot com to see
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the. pretty apt to sunday night has always had us that you. are take the next time. our take the next time. please. please. the disconnect between the vast majority of americans and what people see on cable
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news is his contact between the vast majority of americans and what people see on cable news is huge and what people are cable news think everyone should get outraged about. and what people on a cable news think everyone should get outraged about and nobody in america pays any attention to whatsoever and this is in america pays any attention to whatsoever and this is what led to traumas victory in 2016 in what setting him up for victory in 2021 led to traumas victory in 2016 in what setting him up for victory in 2020. 9.
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while giving in this us. in this. room he knew. when he said yes solves. the rational. yes solves. the rational. desire for love needs and. desires for love need. to get the new. get the new go cause. up
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a. little pop. up like pete on the zimmer pulled. him up to the. slip through them. again and again to your good. fortune for the outnumbered a lot of. fortune for the outnumbered a lot about. more than after an election with. more than after an election with. all. all.
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the world is driven by dreamers shaped by. the world is driven by dreamers shaped by one person those bread. and person those bread. and. the dairy thinks. we there are no dares thinks.
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we dare to ask. them to ask. the pentagon says it's not ready to release the video evidence that. the pentagon says it's not ready to release the video evidence to back up the claim that it is killed the leader of islamic state syria will back up the claim that it is killed the leader of islamic state syria with the world's most wanted terrorist voided protection so a lot. of us wanted terrorists voided detection so the. legal team of trump's former security advisor who shows with. the legal team of trump's
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former security advisor who shows would lying to investigators alleges michael flynn's testimony was altered by the f.b.i. going to investigators alleges michael flynn's testimony was altered by the f.b.i. and. french police arrest. a french police arrest an 84 year old man suspected of injuring 2 people in an attack on a mosque started a new post an 84 year old man suspected of injuring 2 people in an attack on a mosque that is a new poll finds that most people in the country think islam is incompatible with french society finds that most people in the country think islam is incompatible with french society.

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