this company was called ibc, which stood for international business creations. and what they did was they created a lot of businesses. like 2,000 of them. that was their business. creating other businesses. the way it worked was you would give them $350 and they would create a business for you. they'd create a company for you. if you gave them another $450, your company would also get a bank account. this itself was the purpose of international business creations. they made over 2,000 companies, opened at least 236 different bank accounts. we don't know who any of the people are, for whom they formed these companies and for whom they opened these bank accounts. we do know, because of congressional investigations into international business creations in the 1990s, that the guy who ran ibc, the guy who ran that company, said that, quote, his company's clients consistent tirely entirely of brokers in russia who make requests for the creation of corporations. the president of ibc said the bank accounts were formed to move money out of russia. so as money laundering

. >> tmy neighbor says that ibc newsshouldn't let my kids raid the fridge whenever they want.he says. give them a taste of freedom at this age, soon they are running wild doing whatever they want, whenever they want and then "boom", i'm a grandma. please sharon, it's just yogurt. ♪

corporations, euro-american corporation and ibc, that set up about 2,000 different accounts for various russian brokerage, money came from eastern europe, went through these accounts, went back to eastern europe, and it was pretty clear from gao's report that inadequate due diligence was done by these institutions with regard to who their customers were. >> right, so it was the institutions -- if i may just jump in, it was the institutions and i know this individual kaveladze wasn't specifically prosecuted or blamed but we know now that this kaveladze was this previous previously eighth unidentified person in this meeting at trump tower, including the president's son and key campaign leadership and this russian attorney, so do you find it concerning, just given all your knowledge of these schemes, you know, just to know that this individual had a seat in that room? >> well, i don't know this individual. i don't know what role that individual played in this meeting. candid candidly, from my standpoint, it looks like that meeting that is getting a lot of press attention, that people were

ibcs. that is absolutely critical. another leg under that umbrella that's absolutely critical is get a patriot aesa. compared to what we currently have today. aesa will significantly extend the target range enable resolution. those are thing we have today or we need to get going on. bu but we also need to add the passive capabilities. when i say that, is because, active means you're radiating. somebody could jam you. passive you're not radiating. okay? we need to integrate both of them together. give us a layered integrated active/passive capacity. then i will focus on -- because of the proliferation of threats, we have to increase survivability. so tantamount to what we need to focus on funding and pushing forward is an integrated active/passive aircraft survivability program. to enable to us to detect, identify and countering of the threat. it needs to be integrated system because there's no single sensor on of kingle countermeasure that will counter all threats. on the ground, this is you see the focus is shifting t

attempting to create an ibc unidentified ballistic missile that was fired around 9:40 a.m.ocal time in south korea. japanate broadcaster in and this is being sourced by yonhap. we will keep an eye with developments on that. let's look at the first word headlines. haslinda: an unexplained some of the world's biggest companies either take off or die in after-hours trading. amazon and microsoft slumped while apple was up. the dramatic movements triggered trading halts. nasdaq was unable to immediately comment. chinese president xi jinping has arrived in russia with the talks -- for talks with president putin. beijing will find dozens of agreement to deepen cooperation. current russia-china relations have been described as the best in history. xi are expected to meet on the sidelines of the g-20. rtel nations raised collective output. most of which came from libya and nigeria. prices rose strongly with oil having its strongest run of gain and enjoying its longest rally since 2012. analysts of chinese stocks expect the markets to remain steady in the run-up to the communist part

>> ibc, it begins and ends with the conversation with china. maybe even crystallize from the american perspective, of course, he wants to talk to japan and south korea, but again, china is where the focus once again remain. as for the president, he is making his feelings known as the latest publication, going to twitter as this is one pair let me share what he had to say about this latest ballistic missile launch. north korea just launch another missile. does he have anything better with his life? hard to believe that japan and china will have to put up this much longer. maybe china will have to put a heavy harm and end this was for he said the missile, which as you pointed out, landed in that fancy. a little hyperbole. u.s. and russia officials say it was a medium-range missile, and presented no threat to either country. >> what can you tell us about the pentagon's assessment of the launch. anything else? >> let me share this. anytime you're in a heightened alert signal since coming you're watching your adversaries every move, you can get into

an ibc, the optics are not good for him. >> molly: wendy, he was called the trumpet before there wasse, has he gone too far? are people knackered like this final measure? >> i think that he has gone too far. i think the optics are going to stay around for a very long time. however, there is always the comeback kid. there are people who are able to come back even though they do things that the public does not like. right now, just thinking he needs to lay low and think about what he wants to do. right now, all i can see is him lunching with his baseball hat and looking up at the cameras. that is my image of chris christie right now. >> molly: beverly, your final thoughts on what could be the next image for chris christie? >> i would say he needs to go back to what really -- what is when his star was rising. being tough against the right things. you're not being tough, if you're saying it is fine i was at the beach. you have to get the policies in your state that are not helping those in new jersey. if you went back to that, i think he could potentially have a future, but let's not for

that stretches to the ibc. get me set up for friday and the payroll. drops, do we have the same old question? where is the wage growth? >> probably. wage growth is being held down by the fact that the retail industry is under pressure as people go online. notemains that alan's of whether the fed is going to remove accommodation, but how quickly. we are in this extended expansion where there isn't much inflation. the fed is looking at the phillips curve. the fed is doing the right thing by going as quickly or slowly as the market will allow. talents,s we have that as long as we keep that alan's i think the market is ok. the key thing to remember is we move with liquidity or global easing. that should not be a thing that we need to worry about as long as there is enough rose to justify that removal. joanathan: help me explore the inflation story and folded into the investment. the risk reward of inflation, we had an ugly issue. it wasn't aggressively brought in. has it got cheap enough to go long on inflation again? recovered quite a bit in the last week

the ibc are stepping back and letting the athletes dictate the programme, it's ridiculous.s a disastrous day for the hosts, who lost regular wickets throughout. skipperjoe root cleaned up by chris morris, with what was possibly the best ball of the day. south africa dominated in all departments though, and won the game with well over a day to spare. the series is now level at 1—1 with the third test at the oval next week. it has been a bit of a contrast in emotions in terms of the first two test matches but we obviously need to look at certain areas. we don't wa nt to to look at certain areas. we don't want to dwell too much on them. we need to stay tight as a squad and make sure when we turn up at the 0val we are absolutely ready to go and make sure we can continue in the series. england's women will be hoping to fair better than their male counterparts when they also take on south africa in their world cup semi final in bristol later this morning. the winner will take on either australia or india in the final at lord's on sunday. what has given the girls of massive confid

pressure absolutely right the market is enormous for mobile advertising so it's about $66 billion based on ibc6 billion in five years it doesn't have to be winner takes all. i mean i think this is a market just like every market and you know, snap is only a billion dollar company maybe this year. right? look at facebook it's $38 billion right? so, they don't need to -- and you have this -- >> are they in the same league this was always the problem with twitter. everybody thought that twitter was eventually going to become as big as facebook that was the promise, if you will is this a one-to-one messaging app, which is what it does so well, or is this something else? >> i think it's different. right? i think it's a totally different -- we call it a platform for the imagination right? it's a tool that you can go in there, and do a lot of cool different things, get engaged with it, and they can sell advertising to you without you feeling like they are. right? the advertising is very engaging >> right >> whether it's a lend whether it's a discovery story and there are also, remember, very focused