and elsewhere now there's a lot to go over so let's get some expert analysis co-host christine hilary ford which board member of the british american business association thank you both for joining us today now kristie i want to start with you i know we've talked about the tick tock angle of this great length but what do you make of adding to the tech war between the u.s. and china and what impact will this have on some of the american companies there which as owner actually has a stake in i think it was actually only a matter of time before we even ali baba was targeted tax because the cold war is really escalating in the sea as a relationship and trade between the u.s. and china is breaking down even further so it would be naive to think that this would only affect last year so as part of this new clean network order it's prohibiting the u.s. president from doing business with tech talk and we meaning that they will not be available to download off of the apple app store or the google play store so banning was one thing but now messing with you could say that is the backbone of social me

postal service let's ask the founder and president of st mark business development consultants hilary ford which welcome back good to see this is a story we've been following all along on this show and elsewhere on our america and to get everybody up to speed some fast facts it may surprise you that the u.s. postal service gets no federal funding they make their money selling stamps but 1st class mail their biggest revenue generator is down 3.8 percent in last year and. while last year's $71000000000.00 in revenue would put the postal service in the top 50 among the fortune $500.00 it had $80000000000.00 in operating expenses and 80 percent of the losses came from a unique requirement to pre-fund retiree's health plans now think about that and it's amortized over just 10 years a while back we had mark dimon steen head of the postal workers union explain the postal accountability and had some an act of 2016 passed by a lame duck congress here's what he said. that law demanded of the post office something that is the minute of no other agency and no where the company it was demanded that the

situation for both what we're going to continue this broad conversation but alas we are out of time hilary ford with board member of the british american business association thank you for joining us of course the idea there because we have more for you later in the program. markets are mostly up for the week despite increased tensions between the united states and china so let's see how things ended up with star in russia where the mo x. is in the green for the week as 1800000 retail investors open brokers should counts now this is very interesting with the index in the 1st 7 months of the year investors pushed to protect their portfolios as a record 821000 retail investors executed at least one trade in july alone let's move over to asian markets now investors are waiting on the u.s. to reach an agreement on that new coronavirus relief bill but unfortunately friday afternoon it seems that talks are stalled the shanghai composite finished up after a volatile week now according to the private survey in july china's services sector showed slower growth compared to the previous month now the inde

located journalist ben swan and henry ford which board member with the british american business association thanks for being with me today hilary it let's let's start with you this is somewhat new territory we're seeing here as the president issued this executive order that it now requires that the company divest its u.s. operations or even be shut down to they're now saying that is the only course of action is to actually take this on to the courts do you think tick tock will prevail well sorry pleasure to be back thanks for having me a couple of things here to set the context is that i think this. has been portrayed very much in the us anyway in particular around the selection time that trump is against to talk will 1st of all it is the ticket has been banned already in india and australia is considering taking similar action and there's certainly a lot of concern about to talk in the u.k. again and might put a lot of pressure on them in to not have the tick tock headquarters be located in london so that sort of globally and secondly i don't think this is really just about chick talk i think it's about to talk reach out and e