let's talk more about this now with market analyst craig for foreign exchange company oh on deck right what do you reckon what are the chances of successful venezuela's petro cryptic current c. i think it's still very difficult to say ultimately what we're looking at here as you should mention the program is a bit of a desperate attempt to both avoid sanctions and also deal with the hyperinflation and other economic issues in the country but that they smoke is the standard by which the countries choose to adopt their own i'm not necessarily convinced i think some nations will of course look down this route such as russia maybe even the likes of north korea with the backing of all the cons but whether this becomes the norm in countries like the u.k. or the u.s. may be a little bit further down the line and may take a slightly alternative form cryptocurrency is of course craig are meant to be free from institutional control so it's a little bit contradictory to have an author or a terry in government like venezuela suddenly using them yes that those go against the grain per se i think re

let's talk more about this now with market analyst craig from foreign exchange company craig what do you reckon what are the chances of successful venezuela's petro cryptic current say. i think it's still very difficult to say ultimately what we're looking at here as you should mention the program is a bit of a desperate attempt to both avoid sanctions and also deal with the hyperinflation and other economic issues in the country but that they smoke is the standard by which of the countries choose to adopt their own i'm not necessarily convinced i think some nations will of course look down this route such as russia maybe even the likes of north korea with the backing of all the cons but whether they speak omes the norm in countries like the u.k. or the u.s. may be a little bit further down the line and may take a slightly alternative form cryptocurrency is of course craig are meant to be free from institutional control so it's a little bit contradictory to have a north or a terry in government like venezuela suddenly using them yes it does go against the grain. i think really when w

sanctions and raise much needed foreign exchange for the country. for u.s. citizens and companies buying the petrol would mean by a lot turning the seize power of the sea rather into energy so far here few tidal power stations have been able to check a profit in the mail the main problem is that the generators affixed to the sea floor and that makes them expensive to install and maintain and our british and german team has taken a new approach working backwards from the idea of a ship's propellers. it's freezing outside but time to hit the water for david targets scott and his colleagues in scotland the work days just beginning the title stream generators on you but will they produce enough energy totted scott has been working on the project for two years. these turbines generate electric power what's special is that they are not fixed in place with this platform we can swing a turbine up out of the water we can inspect it we can see if the blade to damage the turbine needs cleaning we can run tests on it and if completely necessary we can change our whole rotor floating tidal str

sanctions and raise much needed foreign exchange for the country for u.s. citizens and companies buying the petrol would mean violating sanctions so the currency may already face an uphill battle in other countries. i still business with. you and . the i'm. coming to and. the i'm trying to a. to a . thank. you and . nothing but the mind of pledging to separate him from the air base. is a professional slack line. his ambition takes into deceit. and from one world record to the next. breathtaking feats. taking a look at. the role of. the top stories followed across social media a shared commons and content welcome to. the a swan. scholars from some odd. still tangible. the surface for god. for cities edge but. they have survived do they also have a future. i really understand people who say they do want to stay here. but i also admire people who want to stay here and who decided to create something . new beginning in peace time for the people making it possible what needs to happen if tolerance and reconciliation are to stand a chance to exist for the first once a really difficult

exchange rate exposure? and as you can see every single company in these three groups that i have, yes, they noted exposure to foreign exchange risk and it was a concern to them. the second item down here, did the company hedge its risk? as you can see 77% -- 77 companies are in column one, so that means 77% in that group representing that group did hedge, and also in the third row down there you can see that group was hedging, too. there were 20 companies in there. you had 97% of all top 100 companies actually were not only concerned but also hedging their risk. now, the last item, , did they quantify the foreign-exchange losses? the first group you at 77. they did quantify. they gave you a number. the second group also quantified, and they did not hedge. there were only three companies out of the top 100 that did not hedge but the did report their losses. in the third group they were concerned, they hedged, and they did not report their losses. so what kind of losses are we talking about? in 2016 you have microsoft, effects loss, $3.3 billion. alphabet lost a billion in foreign-exchange. proctor and gamble 880 mill

sanctions and raise much needed foreign exchange for the country for u.s. citizens and companies buying the petrol would mean violating sanctions so the currency may already face an uphill battle in other countries now everyone used to worry about the globe's oil reserves running out now the industry fears demand will start drying up b.p. reckons it will begin plateau ng in the late twenty's thirty's as for nubile stake of. automotive companies around the world are betting on the mass adoption of electric vehicles in the next decades and they're not the only ones oil and gas giant b.p. is anticipating the same it predicts a one hundred fold growth in electric vehicles by twenty forty and a corresponding hit to the world's oil and gas sector b.p. forecasts continuing growth in global demand for oil and other liquid fuel in the next years but that demand is set to stop increasing after it hits one hundred ten million barrels a day in the late twenty thirty s. it's the first time b.p. has forecast a peak in the world's appetite for oil. it's not just about electric cars increased fu

digital coins from japanese foreign calling check on friday japan's financial regulators had been investigating how coin check one of asia's leading crypto currency exchange companies was targeted says korean spy chief say the virtual coin market remains a real target for online. so in an hour's time around that the new space six jumbo rocket will blast off for its first test flight the falcon heavy is set to become the world's most powerful rocket in use with double the liftoff power of all the ships she uses launch is considered a key turning point for billionaire entrepreneur you don't musk's privately owned space exploration technologies the rocket has twenty seven engines and is carrying musk's tesla roadster convertible as a mock payload minutes after takeoff the two i was to i want to boost as well as attempt to land at nearby cape canaveral air force station. a quick reminder of our top stories making the news here on al-jazeera taiwanese media say of these seventeen people are trapped after an earthquake caused the hotel to collapse in the city of her when it mergence the services have been deployed to the sea while the six point four magnitude earthquake

foreign exchange going forward. curious, when you read something like radel euro thehis $18 billion short on euro, a lot of the companiesn germany are shorting as well, what does that mean to you? kit: i think it is interesting. i do not know what is driving individual banks, but what we have seen so far as money coming into the european equity market where money could not come into the european fixed income market. the ecb is keeping yields down. individual banks, but what we have seen so far as money coming into the european equity the improving economic story is felt in the equity market. that has been a recent driver of the euro's jump. eventually jobs, we have to cope with what will happen to bond yields when the ecb steps away. i think it is trying to get the sequencing of which trade you want. the foreign exchange market moved first and fastest. it may now need to slow down while the focus shifts to what is happening with equities and bonds. vonnie: there was an outflow last week from one of the major investment-grade corporate indexes in the u.s., almost $1 billion came out of it. i was wondering if you could co

exchange commission regarding its compliance with the foreign corrupt practices act. the investigation was prompted by a report by a short seller who alleged that di u bribery tactics to win foreign contracts. separately the company reported earnings and sales that grew. but the shares plunged. down 18% to 54.60. >>> tonight's market monitor has three picks she says will do well in a rising interest rate environment. st time she was on she picked a stock up 62%. jp morgan up 16%. and aelectionian farm cuticles, 4% higher. mayor any, welcome back. let'shtet a quick tho if we might on this big of 65-point decline on the dow today. how nervous should we be? or not nervous at all? >> i don't think we should be all that nervous given the gains we had in we have been calling for a pullback in the market because that's a normal for probably the last five months. and it's finally here. i don't think that the data that came out today supports this kind of decline in the markplplace. but p are taking some profits and giving us some ying opportunities. >> speaking of buying opportunities let's get to your stock picks. the first is pinnacle financial partners. it's about a $5 billion market cap. why do you like it? >> right.

companies while investing in them. he went on about gambling while back in the u.k. when i got my start in politics. he made his billions gambling in the foreign exchangech crashed the economy and caused untold misery more unless of people. when it comes to this question of the open society that he argues donald trump is wrecking, he really should know better because he and i share experience of that. communism in hungary that's a real attack on the open society. disgusting for him to make that comparison. >> tucker: it is disgusting. but behavior over decades as you pointed out. since you tolle followed this gy pretty closely and i think you are great at big-picture things. we just learned that he is paying, giving campaign money to district attorney praises around the country. is he doing a lot of other things. what ties them all together? what does he want for america? what's the point of all of this? >> i think -- you know what i really think is the simple answer to that? i think it's guilt. i think he is guilty at the way he made his money. he is trying to atone for that a lot of the liberal elites are exact let in that position. again it comes hy