alex mahela us we appreciate it. thank you. turnings of aftermath of the european union elections italian deputy prime minister material salvini is already making a play for the role of leader of right wing forces across europe and picking another fight with the e.u. over budget rules mr salvini has already has called for the radical measure of a 15 percent flat tax on all income which would cost an estimated $30000000000.00 euros according to mr sell me meanwhile the european commission is set to release a report that will lecture rome about failures to adhere to the preferred budget limits in the meantime mr salvini and his coalition partners of the 5 star movement will have 2 days to respond to a letter from the commission european commission protesting failure to comply with european budget rules the italian government could be fined 3000000000 euros by the commission for the budgetary breaches. and staying in europe for a bit for a bit more on the e s latest elections we are joined by the former 1st minister of scotland al

correspondents alex mahela bitch and sara month as do all good thank you both very much. and now with more on how these moves have affected the markets we're happy to welcome danielle shea director of simply trading danielle welcome back to the show. thank you so much it's a genuine check in on the telecom sector law knocked lots of news there after donald trump signs this executive order sanctioning companies who work with companies said to pose a security risk clearly wall way being reported as the wall we've been been interesting lee we see a rival company stock for rising on a run today how high did it go and what sloot long term outlook there. i personally love arisan stock i think it's a great pick i also love the sector spyder communications e.t.f. that was created late last year x.l. seaver rise and is a part of that one of the main names i think it's an excellent long term pick i'm looking forward to break to new highs relatively soon and you know i think it's a great long term stock buy as well as a short term options trading interesting very very solid take the

and limousine commission which raises minimum wage for drivers with more we're joined by r t is alex mahela vetch alex tell us what's happening on to these companies that are known for getting a vehicle to you and a click of an app why are these minimum wage regulations the new york a concern to them. well if the rules kicked in just in february so this is relatively new so that what the problem is a minimum wage commands more money being paid to these individually contracted workers now none of these people the driver who are left are deemed as employees they are deemed as contract workers so these companies have been able to get away with a lot of things like not paying for health care not paying for any type of insurance etc etc each one of these as i mentioned is a contracted worker so now with this minimum wage will kicking in with the city of new york is saying that is that these people should be paid about seven thousand dollars an hour just to make the difference with the minimum range wage being fifteen dollars an hour that's the official wage they need about seventeen or taxes in

war has taken another dramatic turn and this time it's taking a toll on tech party correspondents alex mahela and sarah long to bring us the latest on the banning of wall way in the united states and china's plans to retaliate and on that news tech stocks and taken tumble in response particularly smartphone manufacturers to deal with trading one with a hand to sift through the latest stock moves in several sectors and then you're back on the ground from consensus 2019 bringing you the latest on the future of watching a new platform for crypto trading all of that directly ahead but 1st we have some headlines let's go. a 1000000000 euros in fines for major names and finance leads our global report today as the european union's competition commission sanctions by banks for alleged rigging of foreign exchange markets on thursday e.u. competition commissioner margaret about. announce fines against barclays citigroup j.p. morgan and u.s.g. japan's largest bank and while bank of scotland totaling nearly $1100000000.00 euros or $1200000000.00 the commission specifically accused the banks of manipulat

correspondent alex mahela bitch so alex the true.

alex mahela fish and toronto alex welcome. so thank you so before you get to the money let's start with the international concerns about paul and the u.s. federal aviation authority what can you tell us. well kristie as you may recall you 1st accident that happened with the 737 max in the past year was in october and that was an indonesian airliner and then that was followed by this past march march and tends to be exact with an ethiopian $737.00 max nearly $350.00 people in total died in those 2 crashes so obviously countries like indonesia are a little bit hesitant when it comes to putting these airliners back in the air and it has actually said when it comes to the federal aviation authority in the states they are not really taking their word for it when they're talking about this new software that's supposed to help the plane fly better and not get into these type of accidents indonesia said it wants a 2nd opinion most likely from either europe or the canadian aviation authorities that are in this country so as you can ima

alex mahela fish and toronto alex welcome. so thank you so before we get to the money let's start with the international concerns about paul and the u.s. federal aviation authority what can you tell us. well kristie as you may recall you 1st accident that happened with the 737 max in the past year was in october and that was an indonesian airliner and then that was followed by this past march march and tends to be exact with an ethiopian $737.00 max nearly $350.00 people in total died in those 2 crashes so obviously countries like indonesia are a little bit hesitant when it comes to putting these airliners back in the air and it has actually said when it comes to the federal aviation authority in the states they are not really taking their word for it when they're talking about this new software that's supposed to help the plane fly better and not get into these type of accidents indonesia said it wants a 2nd opinion most likely from either europe or the canadian aviation authorities that are in this country so as you can imag

to take a deeper dive into the details are our chief correspondent starbucks is still going and alex mahela mitch in toronto welcome guys let's just get right into it sir i want to go to you 1st you've been following this very closely all day 1st of all give us an overview of what this executive order does and what does this mean for the future of wall way another designated companies in the united states well i want to start by saying that that executive order does not officially name wall way however it does ban a the government the government bans basically these telecom and tech companies from doing business in the u.s. now the executive order sites quote foreign adversaries are increasing creating and exploiting vulnerabilities and information and communication technology and services that shortly after the executive order was issued the u.s. department of commerce actually added weiwei and 70 of its affiliates chinese affiliates to some entity list as what they're called that basically this means that the u.s. cannot sell or transfer technology from wall way without a license and this

growing trade saugus argy correspondent alex mahela bichon tom gandalf be a free bird just by natural joining us to break down what the moves mean for our world plus big pharma is back in the big fire as drunk companies are facing for alleged price gouging barrow's contributor to america's lawyer one just ahead to sift through the scandal and finally the world of block changes meeting in new york at the consensus conference then we're on the ground harvey producer brant job or is there and he'll bring us interviews from some of the top names and watching developments all of that is directly ahead but 1st we die straight into the headlines. and a turn from talks to more tariffs in the u.s. china trade relationship leads our global report today as china retaliates with their own levies on $60000000000.00 worth of u.s. exports to china the list of china's targets for new tariffs of 25 percent matching the new level of the trunk tears from last friday includes nearly $2500.00 items while u.s. president donald trump seemed to claim on twitter that chinese tears would not or should not incr

due to new regulations that force rides hailing services to pay a living wage our correspondent alex mahela it behind the wheels to a true story all that directly ahead but first let's have some headlines. made a twenty nine thousand leads our global report today as violence erupts in paris ahead of marches to commemorate international workers day clashes between protesters and police started well before the official march was set to begin. a spokesperson for french president emmanuel macron told the financial times that mr mcallen ordered extreme firmness against disorder and violence the masses on the streets were a mix of yellow vests movement style words union members and black bloc anarchists and while the yellow vest movement has clearly waned in recent weeks it's notable that the diverse marchers and protesters came out in such strength just a week after president micron a veiled a nineteen billion dollars set of economic proposals meant to pacify the.

correspondent alex mahela ventures harvesting the data and brings us the numbers on which products have their yields in freefall. back on the run what causing a fable to say later take a look at where we stand now and what's driving that so much you got to understand that i felt like. a new plot twists in the drama surrounding french carmaker renault leads our global report today as chrysler proposes a merger a statement from fee on the proposal sent stocks for both companies up sharply by more than 11 percent leadership at renault reportedly will consulting formally over the coming days regarding the proposal to create the world's 3rd biggest carmaker chrysler c.e.o. mike manley enthused 2 employees in an e-mail about a merger of like minded businesses and renault seems to be in a mood to entertain corporate callers seeking to woo the for.

city due to new regulations up for ride healing services to pay a living wage our correspondent alex mahela bit behind the wheels to zero through the story all that directly ahead but first let's have some headlines. made a twenty nine thousand leads our global report today as violence erupts in paris ahead of marches to commemorate and are now.

retaliated with its own tariffs adding another layer to the ever growing trade saugus argy correspondent alex mahela bichon tom gandalf the a pretty burgess financial joins us to break down what the moves mean for our world plus big pharma is back in the big fire as drunk companies are facing heat for alleged price gouging barrows contributor to america's lawyer $1.00 just to him to sift through the scandal and finally the world of watching his meeting in new york at the consensus conference in rio on the ground are due producer brant job or is there and he'll bring us interviews from some of the top names and watching developments all of that is directly ahead but 1st we die straight into the headlines.

company's profits as wyvil air bus manage to get a wake up on the ailing giant r t correspondent alex mahela which gives us a bird's eye view of the kind state of earnings plus has once again very often to a new venture but well there are no ral go up in flames lauren fix the car coach get behind the wheel and here's us through has the top. and finally all the railways me seeing rustic new advances are being made on the trucks are to produce a bridge of war brings us the latest from the relaxed conference on capitol hill all of that directly ahead but first we have some headlines let's go. the u.s. china trade war drama continues after presidents incendiary tweet over the weekend many are speculating on whether or not it was a real threat or simply a negotiating tactic to speed up talks and squeeze out a few more concessions after a volatile trading session on monday worldwide fears appear to be waning as it became clear that both sides are still talking the shanghai composite and the more bold posting gains and overnight trading that cyber.

for the worst may since 1970 here to fill us in on the market shifts are our take correspondence alex mahela bitch and rachel bludgeons welcome guys. so rachel we want to start with you how have the software and technology companies responded to the news to the u.s. that blacklisting huawei well so far toshiba which is based in japan and qualcomm and intel which are based here in the united states. have all announced that they will be cutting ties with while away as a result of the united states calls to block list the company now panasonic which is also based in japan and initially it looks like it may be cutting ties with wall way in suspending business transactions but it has come back around to say that it will continue some of those transactions because c they still comply under u.s. law now google also rocked back claims that it would be cutting ties with the wrong way and it has said that it will continue to provide software updates to while away phones for as long as updates still comply with laws here in the united states so it is notable because as the largest telecom equipment pro

seat and they could face fire from its shareholders over its recent scandals r t correspondent alex mahela to take us through what's left bank may be facing just weeks after the major collapse of a major merger and off bad news article and again as a major exchange has been hacked and forty million dollars worth of crypto currency has gone missing apparently analysts. delve into the details of the hype and what this could mean by markets going forward all of that directly to get some headlines let's go. a grim warning on the risks of rising trade tensions leads our globe report today as the european commission warns again about the risks of the bronx and a possible u.s. china trade war could deliver a major shock to the european union's economy the commission has downgraded their forecast for growth in twenty nineteen by half a percentage point to one point four percent the commission also revised growth forecast for individual e.u. nations including europe's largest economy german.

war has taken another dramatic turn and this time it's taking a toll on tech party correspondents alex mahela and sarah mon to bring us the latest on the banning of wall way in the united states and china's plans to retaliate and on that new tech stocks have taken tumble in response particularly smart phone manufacturers. are trading one hand to sift through the latest stock moves in several sectors and then you're back on the ground from consensus 2019 bringing you the latest on the future of watching. or krypto trading all of that directly ahead of 1st we get some headlines let's go. a 1000000000 euros in fines for major names and finance leads our global report today as the european union's competition commission sanctions by banks for alleged rigging of foreign exchange markets on thursday e.u. competition commissioner margaret a best of her announced fines against barclays citigroup j.p. morgan. japan's largest bank and while bank of scotland totaling nearly $1100000000.00 euros or $1200000000.00 the commission specifically accused the banks of manipulating markets for 11 different curre

with its own tariffs adding another layer to the ever growing trade saugus arjan correspondent alex mahela. freebird just by now.

city due to new regulations that forced riot hailing companies to pay a living wage correspondent alex mahela vege behind the wheel to steer us through this story. and as we go to break here the numbers at the close. and. then stars are saying that you're the little fish a little girl a. well jesus this is the central plank support diet alone is the problem right now so you stop to. join me every thursday on the elec simon chill and i'll be speaking to us from the world of politics. i'm sure. i'll see that. my son doing drugs my nephew was still in drugs my sister just me doing drugs it was like an epidemic of drug abuse america's public enemy number one in the united states. drug abuse started going to the users in the prison population. we started treating sick people people who are addicted to these drugs like criminals while i was on the hill. the war on drugs. there are countless numbers of people who are in prison for. this for minor minor offenders in the drug trade it's a lot watching your children grow up in issue and wave and say by day as you're walking out of this. welcome back to

correspondent alex mahela bitches harvesting the data and brings us the numbers on which products have their yields in free fall. the klein bottle is back on the run what's causing the fable to say later i'll take a look at where we stand now and what's driving the rot so much to get to on the show that i thought let's dive right at. a new plot twist in the dry. i'm a surrounding french carmaker renault leads our global report today as chrysler proposes a merger a statement from fee on the proposal sent stocks for both companies up sharply by more than 11 percent leadership at renault reportedly will busy consult informally over the coming days regarding the proposal to create the world's 3rd biggest carmaker chrysler c.e.o. mike manley enthused 2 employees in an e-mail about a merger of like minded businesses and renault seems to be in a mood to entertain corporate callers seeking to woo the french automaker after a current partnership with nissan was rocked by the arrest of exact.

they're interesting changing the rules of the road for right hearing services across the world alex mahela that's thanks for joining us. thank you. so i'm now for a quick break but hang here because when we return we get an expert look at the world's oil markets and whether or not the trumpet ministration can really cut a run out of the global oil trade and as we go to break here the numbers at the closing bell. i. desists is a sticker from the water bottle found in the stomach of a fish the brand is part of the coca-cola company which sells millions of bottles of soda every day the idea was that let's tell consumers there are the bad ones there the litter bugs are trying this way industry shouldn't be blamed for all this waste the company has long promised to reuse the plastic. that seems cool sets their plastic cost me on my end i need to stay clean you don't lose that essential projects funding me. on the new vest that is the end of a fully tea cup from now the mountains of moist only grow higher. join me every thursday on the alec simon show and i'll be speaking to guest of the world o

they're interesting changing the rules of the road for right healing services across the world alex mahela that's thanks for joining us. thank you. so i'm now for a quick break but hang here because when we return we get an expert look at the world's oil markets and whether or not the trumpet ministration can really cut a run out of the global oil trade and as we go to break here the numbers at the closing bell. i. i. they can come and blow our brains out at any given time and we can't really do anything actually america is the only country in the world where you can kill people out war and legally get away with. all the fire crawls stillbirth all the trouble here's briefly all the points it's hollow ploy to k.k.k. exists because america wants it to exist they are the biggest terrorist group to ever operate in this country and they're dead to me they're worse also than the people who destroyed the world trade centers of the scroll why. what is it going to coin is magic internet money the new type of digital currency essential lies digital scarcity chancellor i'm bringing a second bailout f

your city new regulations that force right hailing companies to pay a living wage correspondent alex mahela bit behind the wheel to steer us through this story. and as we go to break here the numbers at the close. oh any head of state to be needed photo clothes. if they are sure to looks funny you know we often see this woman you know wrinkle suit missing just like she was drinking in the suit so where we will use it even though we mostly focus on the little girl aspects that are tall generally don't discuss the object side of life no interest i was just going to still bring sister just you know therefore we tried to do something financially and play joe the suit. on you know one. on. on the water. just totally. blew my money we didn't know no wrong. oh you ought to go to a post gets to move for your. position folks go through a period of sort of the i suppose if if push but if. you would be you know well the minute i knew that it was my job to the. losing is its ability. to get enough out that all you want the solicitor going to bring him down and get us to decide to leave us a little stuf

recent scandals our correspondent alex mahela bench takes us through what's up banks may be facing just after the major collapse of a major merger and also bad news for a big client again as a major exchange. and forty million dollars worth of crypto currency has gone missing apparently analysts. say the details of the highs and what this could mean one market going forward all of that directly to get some headlines let's go. a grim warning on the risks of rising trade tensions leads our globe report today is the european commission warns again about the risks of the brics and a possible us china trade war could deliver a major shock to the european union's economy the commission has downgraded their forecast for konami growth in twenty nineteen by half a percentage point to one point four percent the commission also revised growth forecast for individual e.u. nations including europe's largest economy germany germany's predicted growth for this year was cut also by a half percent to one point eight percent meanwhile the risks of the u.s. china trade tension tensions and talks orleans m

retaliated with its own tariffs adding another layer to the ever growing trade saugus argy correspondent alex mahela bichon tom gandalf be a pre-birth just by natural join us to break down what the moves mean for our world plus big pharma is back under fire as strong companies are facing for alleged price gouging barrow's contributor to america's lawyer $1.00 just ahead to sift through the scandal and finally the world of watching his meeting in new york at the consensus conference in rio on the ground our view producer brant job or is there and he'll bring us interviews from some of the top names and blocking development all of that is directly ahead but 1st we die straight into some headlines. and to turn from talks to more tariffs in the u.s. china trade relationship leads our global report today as china retaliates with their own levies on $60000000000.00 worth of u.s. exports to china the list of china's targets for new tariffs of 25 percent matching the new level of a trunk tears from last friday includes nearly $2500.00 items while u.s. president donald trump seemed to claim on twitter that c

company's profits has wyvil air bus managed to get a wake up on the ailing giant party correspondent alex mahela which gives us a bird's eye view of the current state of aerial earnings plus has once again very often to. new venture but will their new route go up in flames lauren fix the car coach gets behind the wheel and steers us through says those troubles and finally although railways we see rustic new advances are being made on the track or to produce a bridge of war brings us the latest from the real experts conference on capitol hill all of that directly ahead but first we have some headlines. the u.s. china trade war drama continues after presidents incendiary tweet over the weekend many are speculating on whether or not it was a real threat or simply a negotiating tactic to speed up talks and squeeze out a few more concessions after a volatile trading session on monday worldwide fears appear to be waning as it became clear that full size are still talking the shanghai composite and the homes that were both posted gains in overnight trading that sigh of relief was short lived however as