as a major part of the fallout from the trade wars and vester as are flocking to hafe to safe havens like gold the price of gold on world markets had a 6 year high of around 1004 $175.00 an ounce in india prices have reached a record. india's gold traders have much to celebrate prices are soaring and still there doesn't seem to be a shortage of buyers the prices. but just because office to. gold isn't just an investment here people wear it in many festivals so the indian rupees recent tumble against the u.s. dollar isn't helping and last month the government raise import taxes on gold to 12.5 percent from 10 percent but market observers put most of the blame on the u.s. china trade war. because of. the u.s. war. america has increased 10 percent on products coming from china so for now the only way for prices may be up. now to some of the other business stories making news chinese tech giant is and talks to buy up to 20 percent of the world's biggest music label universal is home to the rolling stones lady gaga and taylor swift french owners vivendi want to break into china's growing

government defeat is still being analyzed it is a difficult situation the voters' votes was a pocket and vester votes were for runs with the expectation of a canonical policy with a little over 2 months until presidential elections the argentine electorate must now consider which of 2 start clear opposing economic models will best result of the dire economic difficulties how to 01 osiris moving on to other news now and anger overshadowed the the festivities in indian administered kashmir as hundreds of people came out to protest against new delhi's decision to strip its autonomy they marched on the streets of the capital city and defying a security clampdown in place for more than a week priyanka got there has more from new delhi. it's the muslim holy day of eden street the largest city in india to administer me under the tightest security in a week. worshippers attend prayers but only in neighborhood mosques. a peaceful protest followed. these kashmiris are angry at the indian government's decision to reform their autonomy to. god in order there are 2 days which are festive and sacred and that

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. >>> pg&e and vesters hope for a major bounce back when the markets open. the utility company had the stock value plunging 25% yesterday. it followed a decision to allow a jury to decide if pg&e is responsible for the 2017th tubbs fire. cal fire said pg&e equipment did not cause the fire. the ruling opens the door for fire victims to pursue claims against pg&e and they could face up to $18 billion in damages. >>> the red flag laws in california may have prevented mass shootings. uc davis shows that red flag laws allow people to have guns temporarily taken from them if they are considered a danger to themselves or others. they looked at 21 red flag cases since 2016 involving someone who declared intent to commit a mass shooting or exhibited behavior suggesting that intent. according to the study, none of them were later involved in gun violence and scientists said it's impossible to know whether shooting would have happened in an individual case and they suggested more research is needed. >>> police are looking for a suspect in a deadly stabbing at cal state

>> well, i mean, i think if you're an end vester, an exec -- investor, an executive, or anyone, franklyalk back in april on the u.s. side and on the china side that a deal was very close. they were arranging a meeting between president xi and president trump to finally sign it and it never happened. in the last three or four days, we've been all over the map on what direction we're going. you just have to kind of reserve judgment and see how things play out and, frankly, for executives running big u.s. multinational corporations or any corporation for that matter, it's not a good place to be. they're just now -- we're heading into september. they're starting to write their budgets for 2020. when they start putting down numbers for how much they want to invest, how much they want to hire, it's very hard to put down numbers when you don't know what the landscape is going to be and i think that's why we're seeing an economy slowing down, business investment slowing down, and the market so volatile. dagen: can the u.s. consumer, john, -- it's been very strong. we've seen that in retail earn