economic crossroads currently doctor how tired from the association of german chambers of industry and commerce great to have your analysis thank you. sunday was the highest scoring day at the world cup so far and i have here in the studio to get his very own head mccambridge joining us from our sports tests to take us through all those goals and when we're talking about goals we have to start talking about england don't play well we do this is one of those very rare occasions as an englishman we get to come on during the world cup with a smile on your face yes it was only panama but it was an incredible performance from gareth southgate side and it gives me great pleasure to introduce this one so let's take a look. england showed their dominance from the start to join stones open the scoring here and just minutes later how he came doubled the lead a sublime shot by jesse lingo made it three. before johnstone's got his brace in the forty eight minutes. ahead of the break harry came in at five completing his early in the second time off. celebrates a late consolation like a winner but it was eng

economic crossroads currently talk to fica tired from the association of german chambers of industry and commerce great to have your analysis thank you. german companies b.m.w. and siemens who joined us in voicing their concerns about staying and investing in britain the companies all cite uncertainty surrounding a post break as it deal with the european union their criticism was magnified by a new by a new survey among business leaders in six e.u. countries maybe hoffa eight of eight hundred executives polled by the north firm baker mackenzie so there had reduced investment in the u.k. since the briggs it aeronautics company said last week that a no deal scenario might lead to it moving thousands of jobs abroad. sunday was the highest scoring day of the world cup so far and we have became bridge from v.w. sports to break down all the goals and wow there were a lot of goals we have to first of course talk about england well yet this was one of those rare occasions i was an englishman where you get to come on to speak to guys during the world cup with a smile on your face yes it was only panama ye

and a new tarps on its automotive industry would hit more than other e.u. countries. and joining me here in the studio now is dr folk attire from the association of german chambers and industry and commerce thank you very much for joining us this morning said germany the industrial powerhouse is facing increasing trade tensions is this the end of the party for the country's economy. still the domestic driving forces are performing consumption is on the rise the labor market is still going well investments are picking up but yes international activities are stumbling and it seems so that the worst is yet to come to what extent is the united states to blame for this slowdown that we've already seen because i mean let's be honest the german government has also had its fumbling this year which haven't really helped grace. it's not only the usa there is a certain degree of mistrust in several governments must say after the financial market crisis that means now a decade ago that and we are up serving that there are non-tariff barriers making you have bringing noise into the into the trade activities so. protectionism is on the rise and this is now the new form of escalation of what we are rec

financial statements and other filings orm what is known as saic the state administration of industry and commerceanies file financials with saic regularly. in the past, we were saying e ls show you only have 5% of the revenue you are claiming you do in the saic fings. what we then saw is a lot of these companies began adjusting and they would file fraudulent financials with saic because there is no penalty for that. with tal is a number of inconsistencies within the documents. sometimes there are financials that of been amended or changed. we say the earlier financials look gui. it looks like they have penciled in about 85% fake revenue in this one business. we are also able to see the games there playing with deferred revenue. most importantly from these saic filings is the shareholder registry. that is not something that can be questioned. when you look at the shareholder has beens, you see tal lying on timing of investments and how it bought and made these investments. that goes to the heart of what they are doing, which turns out to be more enron. it does still have a little bit of final forc

industry labors under a patchwork of conflicting and inconsistent state -based rules governing prohibitive substances, cab lab equipment and penalties. this lack of uniformity has impeded interstate commerce and compromised the international competitiveness of the industry and undermine public confidence in the integrity of our sport. hr 2651 would remedy these problems by authorizing the creation of a non- governmental anti- doping authority and governed by representatives of the industry and responsible for permitting a national uniform education program for the horseracing industry. today you are here for many supporters of this bill and you hear from critics of this

industry labors under a patchwork of conflicting and inconsistent state-based rules governmenting prohibited substances, lab accreditation, testing and penalties for violations. this lack of uniformity has impeded interstate commerce, compromised the international competitiveness of the industry and undermined public confidence in the integrity of our sport. hr-2651 would remedy these problems by authorizing the creation of a nongovernmental anti doping authority. the horse racing anti doping and medication control authority. governed by representatives of all major constituencies of the industry and responsible for implementing a national uniform medication program for the horse racing industry. today you will hear from many supporters of this bill, and you will hear from critics of this legislation on the panels to follow. the critics will say that this

financial statements and other filings from what is known c, or the state administration of industry and commerce companies file filings with this company regularly. past, we can look at financials and say, you only have 5% of the revenue you are claiming. that companies began adjusting and they would file fraudulent financials with faic because there was no penalty with that. tal is see with inconsistencies within the documents. sometimes financials have been amended or changed. earlier financials are the ones that look genuine and now it looks like they have penciled in 85% of fake revenue. we're able to see the games they are playing with different revenue. most important, from these filings, is the shareholder registry. that is not something that can be questioned. when you look at the shareholder registries, you can see tal has been lying about the timing of investments and how it made these. that goes to the heart of what they are doi which turns out to be more enron. that was carson block there with erik schatzker. toyota is hiring more engineers for its automated driving team after announ

key is it needs to be done and commerce is a good place to do it. >> thank you do you have any comments mr. ross? >> a couple of things. commerce already and 90 faith industry is. by statute we are obliged to foster growth in the face commerce industry through the office of faith commerce and second we might remote sensing activities that commercial remote sensing regulatory affairs office. third, we manage federal spectrum through the national tele- commission information administration. fourth,io we manage data collection and distribution through noaa. fifth, we enforce the export administration regulations as they were -- apply to spaceat objects through the bureau of industry and security. number six tost promote the industry abroad through the international trade station. and finally, once the payload is separated it is usually a different owner it is usually a different entity from the one who has the payload. there is noth continuity once the payload is in outer space. often that comes under our orbit in any event. i hope that explain why we think we are quite logical. >> yesterday. so now what agencies currently carries out the research on ssa in th

and europe and especially what it could mean for german business so let's bring in folk attire is the chief economist of the association of german chambers of commerce and industry and is that of course you're the body that represents the german business worldwide with us tariffs now activated does this mean a nightmare scenario has come true for you. we are in the middle of a conflict i would say this is another step having received no new sanctions against iran against russia affected less the american companies more the european and german companies having received some due to this against china and other duties tariffs steel and i'm in your other countries so this is another step and it's a very very in step of course so you say that those tariffs are just part of of a bigger picture of a bigger plan but nevertheless if we break it down those terrorists do have an impact we talk about twenty five percent on steel twenty five ten percent on the million imported were exported from europe to the united states which industry sectors are actually affect it. first of all it will affect. german european steel and the minion producers but they sell their products to

congress already has space industries facing resources by statute we are obliged to foster growth in the space commerce industry to the office of space commerce and second we have licensed activities to the commercial remote sensing regulatory affairs and third me a general spectrum through the national telecommunication and information administration. fourth with the data collection and distribution through noaa and with those export regulations as they apply to the space objects to the bureau of industry and security. six. we promote u.s. space industry abroad through the international trade administration. and finally once the payload is separated from the rocket it is usually a different owner the launch system from the one who has the payload so there is no continuity between launch and what goes on once the payload is in outer space. often that comes under our orbit hope that explains what we think is logical. >> so now what currently carries out the research and to what extent are those activities coordinated? >> nasa does a lot of research and technology we have set the standard that ultimately is followed by other agencies so we partner

but everyone wants a decision it's because of that with the association of john chambers of commerce and industry i thought there was a decision when when was it made two years ago wasn't it in a referendum it was a decision. as it turns out making decision and then. phoning it to result is much more difficult than fault especially from the view of london so also in europe we are still waiting to hear wars how can we continue to do business where we're all waiting when when are you expecting some sort of clarity then. a few months ago the but the real issue is. there are too many topics on the table and the topics have to be solved relatively quickly but in the end what we see from continental europe towards u.k. is a fight in between the u.k. government and the companies need to adjust and they don't know how to adjust on both sides whether it's a customs union free trade agreement double duty all standards being still part of the common market questions are all on answered and time is running out and uncertainty leads to a decline in business and we already see the first results you case g.d.p.

several places within the general plan that refers to it as light industrial in that bayview hunter's point area plan. and the commercendustry plan. we would want to manage those maps and amend those policies. we are looking to amend the height map within the urban design element so it is consistent with what we are proposing. than the open space element, there is a reference to the union basing plan which was actually something we had worked on about six years ago that was never officially adopted. we are appropriately having that scrapped. just very quickly to provide broad context, you heard several presentations on the southern bayfront strategy. this is essentially a framework by which the city is looking at a lot of these large-scale development projects, along the bayfront. and thinking about how what kinds of public benefits we could ask for them. these benefits, we are looking at this holistically. public benefits range from affordable housing and transportation improvements and open space. and then to focus in on india basin and the greater india basin area, the one thing that this development will focus on

exchanging goods is now being used more and more for packaging exemptions to the new plastics rule include industrial packaging for commerce all medical products kenyan and ugandan supermarkets and now also slowly phasing out plastic bags which too often end up clogging streets like in rwanda shoppers in these countries are increasingly using real usable bags it's a minor revolution in the minds of consumers we have started with sensitizing our population on the benefits they can have in maintaining a property protecting their environment and one of the things we are proud of is that ownership of the population. when this recycling industry is also creating jobs this or bracing for instance has ninety three full time employees and another sixty seven seasonal workers they understand the many benefits of protecting the environment. because of the i love my job because it involves environmental protection of our. lives. to protect ourselves our families. and. the general manager understands the importance of a very mentality not just as a business model business is going to be that they're going to be there but what you're f

and will be transparent about achieving them. commerce takes on this new responsibility with several goals in mind. we will be dedicated to creating economic growth and sustainable development in all industry sectors, facilitating space traffic coordination, providing the space industry with more tools to be successful. commerce will also work with industry to find ways to enhance space traffic coordination data and to be more adapt give to industry concerns. working with dod, we will achieve the architecture that currently supports u.s. strategic command to be even more responsive to the space industry's needs. we look forward to working with congress to protect a safe space environment for future commercial growth. with commerce at the helm of commercial space traffic coordination, we will ensure that the growing space industry remains open for business, and america will continue to be the flag of choice for space commerce. i will be happy to respond to any questions you may have. thank you. >> thank you mr. secretary and thank you to all of the witnesses for being here. thank you for what you do for our country. i have my first set of questions. general john hyten, i recognize policy by

and secretary ross, you're the guy who is going to oversee commerce in the united states. and, you know, this industry, the aerospace industry is a tremendous asset to our country. and we're relying on you as you're showing today to take leadership and keeping that a major part of our economy. >> thank you, sir. >> all right. god bless. >> jim, yield back? >> yes. my time was up anyway. >> recognize mr. poleman for five minutes. >> thank you, mr. chairman. gentlem gentlemen, thank you for your testimony today. i just want to sort of get back to some basics just so i understand the terminology here because we're talking about space situational awareness which seems kind of wonky and traffic management. so, general, from your testimony, i understand you, the air force, department of defense would be, in effect, in charge of the space situational awareness with your monitoring capacity, is that right? >> the space situational awareness is a mission for the department of defense, and we will continue to do that mission. but it's interesting when you relate it to space traffic management. the reason we sta

come together and form associations and negotiate for healthcare so chambers of commerce across the nation, whether at the city level or the state level, or industry associations and the national restaurant association for example, can form these associations and these groups and bargain for more affordable healthcare on be half of thousands and thousands of members and their employees and that's transformative. melissa: but you know i don't know that associations like that , i mean the way you describe it, have necessarily worked in the past. i was a member of the screen actors guild they had a healthcare plan altogether it was the same kind of thing if you were a member you have access to the plan and when you're talking about these smaller groups if it's a community like you said is the government the one that's negotiating if it's a chamber of commerce are they negotiating or if it's just a couple of people does one of them elect someone to go do the negotiation? >> well, these associations are well-known throughout the nation , chamber of commerce industry associations and they have a very clear structure and so all of these groups and associ

. >>> and this morning china's commerce industry says it does not want trade frictions with the u.s. escalate. >>> now on wall street times investeders are less worried about a potential trade war. stocks gained for the fourth day in a row. the dow rallied 346 points. the susan koeppen added 23 points, the nasdaq gained 51 points, another for another record. >>> in hawaii, honolulu leaders approved a measure that would institute the first price cap on ride hailing surss like uber and lyft. it would prevent surge pricing. if the increased rates are higher than the maximum set by the city. it ramps up fares during peek times such as rush hour, peek times, and big events. >>> the german automaker daimler unveiled an all electric big rig truck. the freight liner ee cascadia is a trailer with a 250-mile range. it will be marketed for regional distribution in port services. the etruck is expected to go into production in 2021. and will ihop soon become ihob. it's been around since 1973. the pancake breakfast chain is teasing a name change. they want to replace the "p" with a "b." what coul

and furious. the commerce industry released a statement, saying america had launched a trade war, that china wouldetaliate and that all economic and trade agreements reached by previous negotiations will be nullified. is this bluster, or is it the start of a trade war? president obama's national security adviser, susan rice, joins me again. so susan, what do you make of this? is it -- you know, 50 billion compared to u.s./china trade is not that large a number. what is going on, in your view? >> i think this is the start of a tit for tat economic conflict that could escalate well beyond $50 billion on each side. what is unfortunate is, the president gave up a very strong card he had in his hand with respect to zte, and zte's theft of u.s. intellectual property, and its violation of sanctions. and now got seemingly nothing in return for that concession and in the imposition of now these new tariffs on the chinese and the retaliation by the chinese. we are walking down a potentially quite slippery slope. we have very legitimate reasons to be concerned about china's trade practices, theft of intellec

jitters in the building behind me that you see that's the seat of the frankfurt industry of chamber of commerce the local and regional branch and the frankfurt stock exchange and nobody i've talked to there has everything anything else on this mind one trader said germany's loss yesterday and the first to much of the world cup sure but for the market it's all important what is going to happen with the german government a strong europe is a view of the challenges not least towards trade needs a strong europe and a strong germany and at the moment michael is seen as a guarantor for that. it's in frankfurt thank you so much for this. the european union is heading down under looking for a new trade partner the block is said to open free trade negotiations with australia in july your trade commission us to see among stream seen here in a moment you see her called on supporters of open trade to stick together she said a deal would be a win win for both regions the e.u. is australia's largest trading partner off to china. that's awful business terry and that's all for news monica this is the end of this particular

and the european union continues to deteriorate it won't just be whiskey lovers who are affected yes commerce secretary wilbur ross spoke out against what he calls unjustified price rises and the metal industry and he says some in the markets are unfairly claiming on to inventory there is more. the price of steel in for a world the process of aluminum when up for more than is justified by the tariffs and so we are starting an investigation into that trying to find out whether there are people who illegitimately or profiteering out of the terrorists there's no reason for terrorists to increase the price of steel but far more than the percentage of the term now the interesting thing in this whole trade spat is that the united states are suddenly the bad guys and china is the victim now president xi jinping has been sending a consistent message for over a year now which is beijing is open for business but foreign investors are telling a much different story. whenever the cameras are on cheatin ping has a clear message for the global community saying gee change your hearts and we have to say no to protectionism it would be akin to hiding in a dark room where you wouldn't be bothered by wind and

and producers. it is also about consumers. is so, commerce -- congress talking about downstream industries and how they will be hurt quite dramatically, some of them. and they are saying, ok, maybe it is time to finally think of them. host: gladys is in illinois. democratic line. good morning. caller: good morning. host: hi. caller: hi. you know, i think you all are missing the big picture. n that peopleica are talking about and they don't have a clue of what i want. when this stuff all started, the businesses ornd sending everything over to china. everybody is talking about china. they are sending everything over there. they then want to pay me a decent salary, -- they don't want to pay me a decent salary, so they sent things over there that they can get done for $1.25. they would we -- they would be doing it, too. host: thank you. sorry to cut you off. scott paul, what did you hear from gladys? americansny concerns are facing is, we have a very imbalanced relationship with china. um, and there is strong evidence again,ina's emergence -- china can have their own goals, but when it spills over, you have to step in and push back a bit

difficult position to be in it's because of that with the association of german chambers of commerce and industry i thought there was a decision when when was it made two years ago wasn't it in a referendum it was a decision. as it turns out making decision and then. phoning it to result is much more difficult than fault especially from the view of london so also in europe we are still waiting to hear was how can we continue to do business where we're all waiting when when are you expecting some sort of clarity then. a few months ago the but the real issue is. there are too many topics on the table and the topics have to be solved relatively quickly but in the end what we see from continental europe towards u.k. is a fight in between the u.k. government and the companies need to adjust and they don't know how to adjust on both sides whether it's a customs union free trade agreement double duty all standards being still part of the common market questions are all on answered and time is running out and uncertainty leads to a decline in business and we already see the first results ukase g.d.p. is

we'rejoined now from berlin by dr volker treier who is deputy chief executive, german chambers of commerce and industryd are you that this could result in a serious hit two german car manufacturers and german workers? we are very much concerned. german companies are dependent on the open markets, good rules and on low tariffs. in order to establish global value chains, and german companies at the same time have invested quite a lot of substantially in us locations. we have employed 850,000 people, building upjobs in the us. this should be taken into account. as cat was saying, there is caution in the state m e nts was saying, there is caution in the statements made in london and berlin, they are deeply irritated but they are wary of antagonising donald trump further. how should angela merkel approach the summit in quebec on thursday? what do you want to see from her? we need a clear european approach. a common, joined approach on the european level that includes that we have to speak with one voice and have a clear european position. that we stand for open markets, that this new imposing ta riffs marke

the staff at bis, which is bureau of industry and security, and that's the relevant part of commerce, they recommended that in punishment for the second thing that came up just recently, namely march of this year, which was not further sanctioned violations but rather proof that zte had lied to us during the negotiation process and after it. they recommended that we grab the 300 billion -- 300 million. i felt that that was not enough of a penalty and, therefore, initiated the action with the support ultimately of bis that we not do the 300, that we instead shut them down. when president trump made the request that we reconsider and see if there was some other way to deal with the behavior that's within our domain, which is not espionage, it's simply violation of export controls, we came with the new solution of fining them a billion dollars more and $400 million in escrow. but more importantly, the right to put in a monitor of our choosing, a group of people of our choosing who would have unfettered access to zte. there has never been an enforcement case of either an american company

know about our terms and what we predict about countermeasures, presumably, somebody at commerce or treasury is thinking through how those inputs cascade into different industries, and what different industries have to look forward to. if you are senator cantwell and in your going -- boeing state, that is a pretty big company that can take care of itself and figure this out as best it can. but if you are a rhode island parks manufacturer with 30 employees were providing things to boeing, it is really hard to this unplanned or only simply plans, or partly planned cascade of tariff consequences are going to come down and hit you. i guess my question is, what does the commerce department have. and at the extent of what you know it, what does the treasury department have by way of predictions as to how these trade conflicts will cascade into the american economy? would needs to worry the most. i assumed you looked at that kind of stuff before you embarked on this. i would like to see whatever it is that you've got. 232's, we as per the have justified before that the research we have done into the direct impact of the 232's on various segments of the economy. i thin

filed comments like this, and these are the comments filed in the last hour at the commerce department, and if they do their investigation into whether or not the automobile industrys being hurt due to foreign competition and tariffs on vehicles in other countries. this is what they are saying in its comments to the commerce department they said tariffs undermind our ability to compete how? drives up prices in the showroom ultimately hurting demand, and for the auto industry, they are looking at a fourth straight year where auto sales in the united states could top 17 million vehicles this is the longest stretch of stainability, if you will. we'll get june numbers early next week. the auto industry overall told the e-commerce department if you put these tariffs on vehicles, you drive up prices in their estimation by $6,000, $5,880 to be exact the average price that you, i, and other people pay in showrooms on average, $32,500, and tack on another $6,000, and you see where the auto makers and dealers and the industry is worried. look at shares of the german auto makers. they are also weighing in on the congress department's investigati investigation, but the shares

and what it means for the e-commerce landscape. paris,p manufacturers in how actions against china could cost the u.s. semiconductor industry. and a coal war is brewing in space and president trump just upped the ante. a new branch of the military, the space force. google has made a play in the slice of the e-commerce pie, dropping half $1 billion in cash into a chinese online retailer. the companies plan to explore solutions throughout southeast asia, the u.s. and europe, as google seems to be prepared for a long-term defense strategy against amazon, which is not so quietly encroaching on the digital ad space of google. it offers google the ability to partner with a company that has its own logistics network, like amazon. this comes a week after they entered into a deal with a french income giant to sell groceries online in france. we have mark bergman with us and in new york, isaac stone, senior fellow at the asian for society -- asian society. how does this fit into google? >> years before they had their own shopping delivery service, which has largely been a failure, their new strategy has been a partner and it is like th

if confirmed i will work with our commerce department and industry economic experts to further a robust and successful partnership. finally, if confirmed, i will work diligently to lead our mission team and work closely with all agencies to deepen our historic alliance with the belgian alliance and belgian people. mister chairman, ranking member and members of the committee, i think you for the honor of appearing before you today and i look forward to answering your questions. >> thank you. last but not least, ms. shelley is our nominee for the united nations and the general assembly. ms. shelley has served at the un since 2014 as a deputy counselor from 2012 to 2014. she also served as a special advisor to the u.s. mission to the un from 2008 to 2011, and a senior advisor in the state department's bureau of legislative affairs in 2003 to 2007. prior to working for the state department, ms. shelley was a stafford for horseman in south carolina. ms. shelley? >> thank you ranking member murphy anything with members of the committee, i am honored to appear before you today as the president

and we are seeing a resurgence of the industry. critics say sanctions. you embolden china and not scare them. >> in the department of commercethey have a unit that does anti-dumping counter vailing duties and it is designed to raise tariffs againsten countries and company that is dump stuff into the country. we have hundreds and hundreds of tariffs on the ground. all we are doing is protecting the crown jewels and defend ourselves -- there's over 50 of them, i will tell you your hair will curl. >> it is curled. >> more than it ever would. >> but the point comes down to what the politics are here and whether it makes sense. the basic criticism is he is doing it because it sounds strong but in practice, it is not strong. when you are going after a bad guy in china, a case can be made for that with going after your allies at the same time when they represent such a small part of the steel market and didn't make sense and you wind up putting america in a hole. >> china is trying to steal our technology andorce a transfer when american companies go on their soil. they are trying to buy up silicone valley. tariffs defend our healt

well, and certain european countries are focused on slightly different things based on their historic specialities. in germany, you will see fintech, commerce, but also over time technical, industrialcations. germany, technical manufacturing, software and so on. it is exciting to be there. certainly we have been warmly welcomed. caroline: do you think europe could compare to the sheer scale of falla and from the united states? >> i would not expect that to happen in my lifetime, but europe is smarter nowadays, embracing the u.s. and partnering versus the rhetoric of creating our own silicon valley. i think now money is flowing across border into the best companies, so investors in europe can get a company moving, but when company scale and they need bigger amounts of funding, then often you will find money from asia or the u.s. coming into those companies. i think it is about embracing that than trying to compete with it. caroline: how does that change the game when it comes to the overall risks, especially credit risks. you have softbank's vision fund based in london, $100 billion to put to work. they are accused of pumping up valuations. how does that affect how you lend to these

and mÉxico. what do you make part of that? >> the business community is kind of up in arms, sectors of it. the steel industry loves it. they will get more business and higher prices. chamber of commerceoing to hurt job growth in the united states, china is looking at this and saying, this is terrific because the united states is an to go -- long-term allies, canada, european union and we can move in the void and offer special access to chinese access to these trading partners with the united states while they're in this fight to try to split the international pressure on china and its market. so it sees advantage in this. >> john bussey, thank you so much. we will probably have you back next week to digest what we learned from the talks. mike: las vegas police are searching for answers after vietnamese couple was stab today death in hotel room. casino was performing welfare check when they found the man and women in the afternoon. guest told officers there was an argument coming from the hotel room the previous night but the incident was not reported. investigators looking into if this was a murder suicide or a double murder. >> both victims are vietnamese tourists that are here part

. >> the app economy and trends in mobile technology was the focus of a recent senate commerce subcommittee hearing. witnesses including a diverse group of industry representatives and stakeholders. senators used the 80-minute hearing to dissshe potential impact of net neutrality legislation on the field. >> gooternoo and welcome. today's subcommittee meets to examine the state of the app economy and trends in mobile technologies. i'm glad to convene this hearing with my good friend and colleague ranki member schatz. over the pas

and opportunity to export import terminal gain. you see a focus or shift of this tech industry to make money on the internet. as we remove the commercenline and online banking shifts, latency is out of the system. digital commerce is moving online and the world is beginning to change. would create mammoth amounts of speed in our environment. going back into the wall street peace, we used to sell on trading floors, atm networks and different bandwidths protocols being deployed. you could send one trade out and you can say i wanted to go in nanoseconds and this one to go in it -- minutes and you would pay for how fast you wanted trade to go because you are trying to be other folks based on speed and pace. spd came the game in 1999. that said the way for the 2000's. the 2000s for me was a decade of pain when you think about it. what a decade we went through. it starts off with the.com crash 2000. bush is in office and you have the markets tank. with all the innovation and expectations built run up in stocks. huge expectations. i remember meeting with folks who at the time were retired and saying i'm looking for a safe return. 15% or 20%

industry labors under a patchwork of conflicting and inconsistent state -based rules governing prohibitive substances, cab lab equipment and penalties. this lack of uniformity has impeded interstate commerce and compromised the international competitiveness of the industry and undermine public confidence in the integrity of our sport. hr 2651 would remedy these problems by authorizing the creation of a non- governmental anti- doping authority and governed by representatives of the industry and responsible for permitting a national uniform education program for the horseracing industry. today you are here for many supporters of this bill and you hear from critics of this legislation on the panels to follow. the critics will say this legislation will create a new negative regulatory bureaucracy of the federal level and will duplicate what states are already doing. they will say it increases regulation and say advance lasix which is currently legal and the concerns the ability of the united states anti- doping agency to regulate this program. it is true that the industry has made notable strides in recent years to adopt uniform standards in the work of the racing medication and testing conso

industry employed thousands. belfast workers made products from flax, like canvas and rope, which contributed mightily to maritime commerce. massive ships made in belfast were commonplace from seattle to shanghai. it feels like a new morning in belfast. it's hard to imagine that this bright and bustling commercial center was once a tense and subdued security zone. today there's no hint of security checks, not long ago a tiresome daily routine. >> this is "bbc world news america." >> funding of this presentation is made possible by the freeman foundation, kovler foundation, pursuing solutions for america's neglected needs, and purepoint financial. >> how do we shape our tomorrow? it starts with a vision. we see its ideal form in our mind, and then we begin to chisel. we strip away everything that stands in the way to reveal new possibilities.

tariffs on the uk and the eu steel and aluminium industries and the prime has also raised her concerns with president trump. i have spoken many times to the commerceified tariffs, and in parallel uk suppliers will want to encourage their us customers to see product exemptions to the process being overseen by the us commerce department, and the department of business, energy and industrial strategy will be hosting a meeting with the industry tomorrow morning, to share information and advice on the product exemptions process. uk firms without a presence in the us can not apply directly for a product exemption and this means uk firms will need to work with the end users of their products in the us to apply for a product exemption to gather the relative data and justification for a product exemption. the government will support applications made on the half of uk industry with representations to the commonest apartment to process applications —— commerce department. my department published in information note on the procedure on the government website on friday, and the government is committed to free and fair trade and the international rules that un

the digital world of today, more and more industries are relying on advanced technologies and connective to overcome challenges. impacting every production of commerce. ai has the ability to mimic cognitive function such as problem solving and learning, making it a critical resource as we encounter never-before-seen problems. those in the energy sector have seen improvements in productivity a efficiency and can expect to see even more advancement in the coming years. ai can be used to process and analyze data in previously unexplored ways. technologies such as seor equipped lomotives and wind turbines are able to follow wear and tear. detect failures before they occur and saving money, time and lives. through the use of analytics, ai can be used to manage, maintain and optimize systems from energy storage components to power plants to the electric grid. as digital technologies rev lushlize the sector, we must have safe systems. continuous modeling of interaction and data feedback. production must be put in place to guarantee the integrity of these mechanisms as they evaluate mass quantities of machine and user data. with americans right to privacy u

and american industries. our economies are too interlinked to not have significant disruption in american families and american communities south of the border. >> the chamber of commerce says this risks 2.6 million american jobs. especially if it causes nafta to fall apart. if the u.s. leaves nafta, that could be 1.8 million american jobs lost. president trump responded to trudeau saying he wants a fair deal on nafta or none at all. "the wall street journal" editorial board slamming the quote that it will hurt the economy and foreign policy and republicans in november. senator sasse says it is dumb to treat allies the way you treat opponents. paul ryan says the u.s. should work with allies on unfair trade practices instead of targeting them. >>> "the washington post" reporting that former fbi director james comey was interviewed by the u.s. office over whether his deputy andrew mccabe broke the law. mccabe was fired after it was found he misled investigators about a disclosure to the media. the office is certiseriously considering if he should be charged with a crime. >>> the pressure on jeff sessions to un-recuse himself on the russia investigation was not limited to