is principally oil and threatening them over the gas the north stream pipeline with gas russia's gazprom which they need to get gas and. as all this is going on the trump announces new sanctions against china sanctions against iran sanctions against russia same thing against canada mexico everyone else i'm starting to rethink my own personal finances in light of this and i'm investing heavily in stock in popcorn because ok. because there's all of this is going on in the us is we kidding it's dumb barrois one mechanism other than the military for global hegemony i am enjoying watching them destroy the road because you know some power. for the program and i said to. me you know it's not. america first policy because it's turning into only america policy which is you know you can you know the u.s. is an enormously powerful country no one denies that it's still the center of the financial system of the world everyone knows that you can't deny it but it seems to me that the way the dollar is being used. only looking very good i would say narrow towards. that smarts were narrow shortsighted na

in and the way he rebooted the economy was by creating two gigantic state controlled corporations gazprom and ross nafta and now russia's economy has vastly improved as they sell oil and gas around the world and back in one nine hundred forty nine china used to be called the sick man of asia but now half the steel in the world is being produced in a state controlled steel industry in china they've also got the biggest telecommunications manufacturer in the world they're making huge breakthroughs in technology seven hundred million people lifted out of poverty these are two countries and in a way they're almost like a match made in heaven because on the one hand china needs lots of oil and gas to run their huge state controlled apparatus of manufacturing meanwhile russia has got lots of oil and gas that it needs to sell so in a way they just kind of compliment each other it's quite exciting what's going on you could say that russia and china these are two countries that are basically obsessed with growth and reducing poverty around the world and both of them have huge private sectors big c

and gazprom talking about having more gas exports to china.new look at russian gas compared to crude, they are not exporting as much to china. they are killing it on the crude front, even beating saudi arabia and finally, on the oil front we did have novak talking for the first time officially, russia's saying the spare capacity could be 300,000 barrels a day and weeks,in algeria in two they will discuss supply and demand concerns. and lot is happening here there seems to be a lot of talk between deals in russia. just a couple of lines coming from xi, china is willing to boost its ties with russia on tourism and energy. finding common ground whether on security or other areas is what xi and putin are there to prove, that this is a coalescing of power. this is what we have set up for you, the u.k. and the e.u. settle their differences in time for special summit in november. a will discuss that next with ceo. ofra: and the code chairman bridgewater says it's joins us at 1:00 p.m. u.k. tie as part of her life after lehman coverage. this is bloomb