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when micron speaks, investors listen. one of the biggest semiconductor makers in the world, counting china's huawei as a big client as well. micron tech ceo sanjay mehrotra on what's driving the turnaround. let's get to that. after a year where there was so much confusion about trade, shifting under our feet about where you could manufacture, where you couldn't, what's happening with china, what's happening right now in your world? >> nice to be back on your show. in our world, in the world of semiconductor, these are exciting times. these are the best times ever. i have been in this industry for 40 years and we are coming down from a slowdown in the industry, but when you look at the end market demand drivers, 5g driving for the smartphone. the trends of ai, acquiring more memory and more storage, the new server architecture is actually enabling higher density memory and all these trends are requiring more memory, more stora storage. autonomous features in the cars requires more sensors in the car, requires more memory i
when micron speaks, investors listen. one of the biggest semiconductor makers in the world, counting china's huawei as a big client as well. micron tech ceo sanjay mehrotra on what's driving the turnaround. let's get to that. after a year where there was so much confusion about trade, shifting under our feet about where you could manufacture, where you couldn't, what's happening with china, what's happening right now in your world? >> nice to be back on your show. in our world, in the...
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Jan 7, 2020
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that includes micron. micron's ceo.efore i get into some of the specific announcements, talk to me broadly about where you think we are in some of these chip memory prices? sanjay: with respect to the chips, we have said that 2020 should be a good year for the industry. in our industry, because of the capex reductions, the supply growth has been slower. 5g, ai, all such as data, toare driving store that data and process that data. itson is expanding portfolio solutions. we are well-positioned for 2020. we are excitedly looking forward to 2020. 2019, micron produced excellent results. strong execution on the part of micron with respect to product portfolio and technology. taylor: analysts on the street, namely some from cowan, upgrading the stock, saying that new smartphone launches should tighten the supply up. does that affect your thinking as you look to supply in 2020? isjay: the supply growth less than demand growth and demand continues to exceed given the markets such as cloud, smartphones. increasingly, autonomous
that includes micron. micron's ceo.efore i get into some of the specific announcements, talk to me broadly about where you think we are in some of these chip memory prices? sanjay: with respect to the chips, we have said that 2020 should be a good year for the industry. in our industry, because of the capex reductions, the supply growth has been slower. 5g, ai, all such as data, toare driving store that data and process that data. itson is expanding portfolio solutions. we are well-positioned...
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Jan 11, 2020
01/20
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micron, qualcomm, verizon. tesla ceo elon musk cuts a rug after delivering the first customer cars from the shanghai factory. shares touch a record high. this week brought increased tensions between the u.s. and iran. a military strike in baghdad and -- in baghdad took out one of iran's top generals. they responded by launching missiles at u.s. interests in iraq, roiling the markets and creating new fears of cyber warfare. cybersecurity firms like cloudflare were up this week as a result. i was joined by the director of strategic threat at an ai security firm. >> there is a significant distinction between iran's battlefield capabilities and where they are on the cyber front. they are never going to go toe to toe with the united states in this realm in a conventional battle. in the cyber realm, they have a greater chance of pushing back more dramatically and having a greater impact in the united states, so even though they have not gone that route in terms of immediate reprisal, it is not out of the question tha
micron, qualcomm, verizon. tesla ceo elon musk cuts a rug after delivering the first customer cars from the shanghai factory. shares touch a record high. this week brought increased tensions between the u.s. and iran. a military strike in baghdad and -- in baghdad took out one of iran's top generals. they responded by launching missiles at u.s. interests in iraq, roiling the markets and creating new fears of cyber warfare. cybersecurity firms like cloudflare were up this week as a result. i was...
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Jan 12, 2020
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taylor: that was micron ceo sanjay mehrotra.s for qualcomm, it unveiled the first chips and software for fully autonomous vehicles at ces on monday. qualcomm's president spoke with bloomberg about what he calls the company's natural extension into this space. cristiano: we are very excited to expand our automated offering. we believe that the cars are going to have to process so much data. it requires so much processing capabilities. you much, it is going to require a completely different equation about power. and coming from the cell phone industry, we actually have the ability to do chips. they are very efficient, from a power standpoint. you cannot run a data center out of the trunk of your car, and i think that is where the real opportunity is for qualcomm. we unveiled, today, our solutions from all the way from level one to level four+, which is autonomy. more importantly, we believe the real commercial opportunity will be to add autonomy to every car as a convenient feature with a driver behind the wheel, like cruise contr
taylor: that was micron ceo sanjay mehrotra.s for qualcomm, it unveiled the first chips and software for fully autonomous vehicles at ces on monday. qualcomm's president spoke with bloomberg about what he calls the company's natural extension into this space. cristiano: we are very excited to expand our automated offering. we believe that the cars are going to have to process so much data. it requires so much processing capabilities. you much, it is going to require a completely different...
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Jan 7, 2020
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call, click or visit a store today. >>> micron and western digital hit new highs.rman joins us good to talk to you. >> thanks for having me on the show >> given the number of times a player in this space has called the bottom and then disappointed, how do we know this is not another head fake? >> fair question i think semis overall have certainly had a strong run in the month of december and we're wondering how much further we can go but the important thing for micron and western digital is we are starting to see fundamentals bottom, starting to improve on an earlier trajectory. an important piece is investors we believe will continue to move into micron and western digital because of greater cyclical growth opportunities towards relatively strong consumer and data centric sectors as opposed to industrial and auto i think the other piece is valuation. micron and western digital trade at a 30% discount to overall semis on pretty much any valuation metric you want to choose for those reasons, you know, we're pretty positive on micron and western digital and i think t
call, click or visit a store today. >>> micron and western digital hit new highs.rman joins us good to talk to you. >> thanks for having me on the show >> given the number of times a player in this space has called the bottom and then disappointed, how do we know this is not another head fake? >> fair question i think semis overall have certainly had a strong run in the month of december and we're wondering how much further we can go but the important thing for micron...
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Jan 23, 2020
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and that worries me because micron is now 59 and change.m. that's long in the tooth but i think this will be an unusually strong semiconductor cycle because we have not one but two prongs, the iphone and the 5g it seems realistic micron to cake out a $62 high. the problem is most the other chip makers in the apple food chain have already exceeded their highs from the last cycle. that means buying them right here a high risk proposition that means apple has to guide higher and higher next week. the stock is barely moving it may trade down. i find the same way about the semiconductor capital equipment. after last night's smashing number frommer t er thterri web. we're worried about being greedy intel is roaring after the close, trading up 4 and change and driving a bend b up. i can't countenance buying either one up here amd for example reported a monster good quarter last time and the stock got hit. it got hammered. since then it's up nearly 20 points you need that again. why not wait for it. i have to say, the same thing about the data cent
and that worries me because micron is now 59 and change.m. that's long in the tooth but i think this will be an unusually strong semiconductor cycle because we have not one but two prongs, the iphone and the 5g it seems realistic micron to cake out a $62 high. the problem is most the other chip makers in the apple food chain have already exceeded their highs from the last cycle. that means buying them right here a high risk proposition that means apple has to guide higher and higher next week....
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Jan 2, 2020
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take your business beyond. >>> chip stocks coming off a big year, nvidia, micron seeing gains. dpch leading that group. can the surge continue through 2020 how do you think about this group? what do you think is priced in in terms of strength and durability of the semi cycle >> investors anticipated a bottom, they bought stocks aggressively stocks retreat at five year valuation lows, sometimes seven year lows, it was up almost 60%. whether it can continue next year, i think it will. the main take away is any trade resolution, even sub optimal, will drive chip stocks higher for a couple of reasons. number one, business on the ground in china is pretty much frozen all of the companies i talk to that sell into china, nobody wants to build any inventory, they don't know what tariff rates will be. if you're a big chinese company or small company, you're not building territory then they'll start to rebuild. second thing, historically levels of distribution inventory. there's not a lot of excess inventory in the channel we saw a lot of significant order rate cuts starting in october o
take your business beyond. >>> chip stocks coming off a big year, nvidia, micron seeing gains. dpch leading that group. can the surge continue through 2020 how do you think about this group? what do you think is priced in in terms of strength and durability of the semi cycle >> investors anticipated a bottom, they bought stocks aggressively stocks retreat at five year valuation lows, sometimes seven year lows, it was up almost 60%. whether it can continue next year, i think it...
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Jan 7, 2020
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micron up almost 8%, tyler >> the market's largely shaking off concerns about iran instead focusing on hopes for earnings season but are those expectations too high bob pisani has more. hi, bob. happy new year >> hi, tyler this is a very different market from this period last year last january, there were low expectations for stocks in 2019 and the market was cheap the s&p was at 13.9. that's below the historic norm fast forward now, 2020, the it's the opposite there's high expectations for 2020 stocks are expensive though. about 18 times forward earnings. apple is trading towards the higher end of its historic pe range. other companies seeing their pe ratios creep up lately include microsoft, alphabet, even jpmorgan and bank of america as well so what should investors do now? that's the big debate. should they go all in on the recovery theory? it's betting that a combination of a trade war truce, a neutral fed, a strong u.s. consumer and globaling bottom in the world economy is going to come together and the markets are going to move to new highs or should we hold back until the globa
micron up almost 8%, tyler >> the market's largely shaking off concerns about iran instead focusing on hopes for earnings season but are those expectations too high bob pisani has more. hi, bob. happy new year >> hi, tyler this is a very different market from this period last year last january, there were low expectations for stocks in 2019 and the market was cheap the s&p was at 13.9. that's below the historic norm fast forward now, 2020, the it's the opposite there's high...
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Jan 17, 2020
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coca-cola, caterpillar, micron and more we will do that in jt o nus.ustw i can.ords whispered at the start of every race. every new job. and attempt to parallel park. (electrical current buzzing) each new draft of every novel. (typing clicks) the finishing touch on every masterpiece. (newborn cries) it is humanity's official two-word war cry. words that move us all forward. the same two words that capital group believes have the power to improve lives. and that, for over 85 years, have inspired us to help people achieve their financial goals. talk to your advisor or consultant for investment risks and information. and when you open a new brokerage account, your cash is automatically invested at a great rate. that's why fidelity leads the industry in value while our competition continues to talk. ♪ talk, talk while our competition continues to talk. here, it all starts withello! hi!... how can i help? a data plan for everyone. everyone? everyone. let's send to everyone! wifi up there? uhh. sure, why not? how'd he get out?! a camera might figure it out. that was ea
coca-cola, caterpillar, micron and more we will do that in jt o nus.ustw i can.ords whispered at the start of every race. every new job. and attempt to parallel park. (electrical current buzzing) each new draft of every novel. (typing clicks) the finishing touch on every masterpiece. (newborn cries) it is humanity's official two-word war cry. words that move us all forward. the same two words that capital group believes have the power to improve lives. and that, for over 85 years, have inspired...
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iconic museum people have joined unions call the union calls to demand the complete withdrawal of micron's proposals but there are mixed public feelings about the protests going to come on that front i could you i'm happy that they're defending culture i left at 7 in the morning from dish on where i'm from to see the antarctic division chicks a patient but it's not a big deal because if they do not strike their want really be a lot for as we know it so i don't mind the strike i'm actually happy i supported them. if someone would lend me a hand i'm ready to break through the picket line because this situation is unacceptable i don't care about their pension issues. they are uniting and supporting each other reinforcing each other so that's why i'm here really is also called we are against it they should not be here. but this should be directed at the government who wants to force its pension reform project through we're not the ones that are standing in the way we're not blocking the public cultural service on the contrary we're fighting for a strong public cultural service where you look a
iconic museum people have joined unions call the union calls to demand the complete withdrawal of micron's proposals but there are mixed public feelings about the protests going to come on that front i could you i'm happy that they're defending culture i left at 7 in the morning from dish on where i'm from to see the antarctic division chicks a patient but it's not a big deal because if they do not strike their want really be a lot for as we know it so i don't mind the strike i'm actually happy...
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another week another protest unions are back on the streets of paris still anger that president micron's pension reform plans this protest spillover into violence in the french camp. the world can see this is asking international. it was meant to be donald trump's fail safe plan to bring peace to the middle east just a day after he lifted the lid on his so-called deal of the century outrage among arab nations is prompting fears of a new intifada against israel hundreds of song the streets of jordan garza the west bank and even turkey and rage that washington's actions are sitting in president has flat out rejected the deal saying it's biased towards israel although trump insists the it is a win win solution. my vision presents a win win opportunity for both was. a realistic 2 state solution that resolves the risks of palestinian statehood to israel's security was i. it's a great plan freule. it's a great plan for peace. i was. trying to plan for jerusalem to be israel's undivided capital is already a nonstarter for palestine israel would also get to make control over security and most pa
another week another protest unions are back on the streets of paris still anger that president micron's pension reform plans this protest spillover into violence in the french camp. the world can see this is asking international. it was meant to be donald trump's fail safe plan to bring peace to the middle east just a day after he lifted the lid on his so-called deal of the century outrage among arab nations is prompting fears of a new intifada against israel hundreds of song the streets of...
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present around you microns and huge pressure over the controversial reform and on friday night he was booed to see left of paris theater with people they're chanting match wrong resign some demonstrators against macro's pension reforms got past police into the hall and delivered their angry message. was. it was. us i 2 i guess i protests is followed by khan's motorcades he tried to speed away the president was reported with his wife bridgette in a rare chorus courted by police motorbikes. journalist and political activist who have noticed my tone in the theatre and filmed him saying that the evening may be eventful after that he was arrested for quote being part of a group formed with the purpose of committing acts of violence is addressed the spot outrage meanwhile more than $100.00 protesters in the french capital block the entrance to the iconic louvre museum people have joined the union calls to demand the complete withdrawal of micron's proposals but there are still mixed public feelings about the protests. tom coleman the filmmaker to you i'm happy that they're defending culture
present around you microns and huge pressure over the controversial reform and on friday night he was booed to see left of paris theater with people they're chanting match wrong resign some demonstrators against macro's pension reforms got past police into the hall and delivered their angry message. was. it was. us i 2 i guess i protests is followed by khan's motorcades he tried to speed away the president was reported with his wife bridgette in a rare chorus courted by police motorbikes....
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french president some animal micron has wrapped up a meeting with the leaders of 5 so hell countries former french colonies in africa france and soldiers across the region are facing a growing number of the hardest attacks are also hostility from civilians who oppose their presence there despite that micron has now pledged more troops to reinforce operations in the region. knows it is and we have no choice we need results i have decided to engage additional combat capabilities $220.00 soldiers will reinforce bar construct his image artie's a shot of the minsk he's been following us how countries meeting for. a long awaited and important meeting over the g 5 hell leaders hail in france after the last meeting with mrs in december it comes amid so many questions about france's military presence in the region after protests of people have been after the street saying that they don't call french troops there and accusing france of happy still colonial times and. thanks to the countries they said. this demonstration used to drive france territory because we don't like france's demagogic po
french president some animal micron has wrapped up a meeting with the leaders of 5 so hell countries former french colonies in africa france and soldiers across the region are facing a growing number of the hardest attacks are also hostility from civilians who oppose their presence there despite that micron has now pledged more troops to reinforce operations in the region. knows it is and we have no choice we need results i have decided to engage additional combat capabilities $220.00 soldiers...
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Jan 23, 2020
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morgan stanley updating micron and western digital this morning.ehind that call, joseph moore, joins us now good morning >> hi. good morning >> so tell me, what's going on here because you say there's some changes in the memory market in particular the buying activity. is this about sentiment, about people stocking up will it have impact as the year wears on >> i think so. the two companies we upgraded are manufacturers of semiconduct semiconductors it's still a commodity we've seen prices go up since, you know, the fourth quarter we missed a big move by being a little skeptical about that early on in the fourth quarter, a lot of the strength we were seeing was being attributed to things you're referencing, inventory build, tariff anxiety, and a lot of the channel checks we had said we would get past these december 15th potential tariff and there would be air pock net demand demand in the last 30 days we've seen good demand, firming of pricing and conviction that prices will continue to move higher throughout the year. even with the stocks having d
morgan stanley updating micron and western digital this morning.ehind that call, joseph moore, joins us now good morning >> hi. good morning >> so tell me, what's going on here because you say there's some changes in the memory market in particular the buying activity. is this about sentiment, about people stocking up will it have impact as the year wears on >> i think so. the two companies we upgraded are manufacturers of semiconduct semiconductors it's still a commodity...
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Jan 7, 2020
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micron stocks rally. we will hear from micron ceo and others come alive.action -- and others, live. plus,
micron stocks rally. we will hear from micron ceo and others come alive.action -- and others, live. plus,
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Jan 6, 2020
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talk about. >> i bought micron, i added to micron look, you've got three manufacturers there. if you look, and you should look at the press coming out, digiti times. in asia you're seeing they are increasing pricing and not increasing production. that's panacea. >> pulled back to 99, on a name of pullback to add to great long-term play. >> royal caribbean, they have a sell on dominos pizza by the way. general mills in terms of consumer, monster beverage, wholesale, eldorado resorts. obscure names. we don't talk about a lot of them obvious maybe that's where the value lies and maybe we should talk more often. >> we think given the changing lifestyle, the seeking of experiences, i think that cruises offer that and royal caribbean has done a great job managing capacity to continue to drive profitability. >> we'll take a break. what's up next on halftime report. >> betting on the cloud. sales force top pick at rbc. one of our experts owns the stock. we'll debate it in call of the day. >>> plus the investment committee is ready to answer your question and ask halftime to reach us g
talk about. >> i bought micron, i added to micron look, you've got three manufacturers there. if you look, and you should look at the press coming out, digiti times. in asia you're seeing they are increasing pricing and not increasing production. that's panacea. >> pulled back to 99, on a name of pullback to add to great long-term play. >> royal caribbean, they have a sell on dominos pizza by the way. general mills in terms of consumer, monster beverage, wholesale, eldorado...
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Jan 23, 2020
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respect e respectively, micron and western digital were up 74 and 88% over the last year. >> yeah. >> this is put onnor nikes and start racing >> this is the difference between '99. this is where -- '99 was not strategy oriented. what i mean by that is right now we are so -- i think steven has talked a lot about this. we are so momentum based you are just reacting to price in the incidence of micron n the incidence of western digital the analyst is looking at the price, seeing it is up 70%. seeing that microchip preannounces on january 6th which gave the enter semi space an indication of what was going to come and they are going to raise positively. >> a price target of 300 at ubs. >> i am sure lamb research will be the next one that will be raised. >> look at, the serks m. 5%. >> i understand why they are doing it. >> here's why it is not -- >> should we pause and say what the heck is going on if they continue to do it? where are we >> '99 i was running institutional equity sales at lehman i had a number of salespeople say i am leaving going to garage.com, or toys.com. nobody is lea
respect e respectively, micron and western digital were up 74 and 88% over the last year. >> yeah. >> this is put onnor nikes and start racing >> this is the difference between '99. this is where -- '99 was not strategy oriented. what i mean by that is right now we are so -- i think steven has talked a lot about this. we are so momentum based you are just reacting to price in the incidence of micron n the incidence of western digital the analyst is looking at the price, seeing...
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streets again on thursday and yet another day of strikes and protests against president emanuel micron's proposed pension reforms his push for change has unleashed one of the ball strike actions in france in decades now familiar scenes you see them police using tear gas to control protesters the strikes have caused weeks of travel chaos across france or correspondent was there in paris lisa lewis she's covering those strikes for us and she says the protests are reverberating across the french economy hundreds of thousands of protesters have been marching today here in paris and in other cities across france according to the figures we are getting it was between 20600000 depending on who you listen to to the unions all the police that's about the 30th how many people were out protesting on the 17th of december that is the last day of protest against the pension reform today was the 3660 day of protest of a strike here in france and the strike is actually happening in different sectors across the friends economies specially in the transport sector you know that there are very few trains ru
streets again on thursday and yet another day of strikes and protests against president emanuel micron's proposed pension reforms his push for change has unleashed one of the ball strike actions in france in decades now familiar scenes you see them police using tear gas to control protesters the strikes have caused weeks of travel chaos across france or correspondent was there in paris lisa lewis she's covering those strikes for us and she says the protests are reverberating across the french...
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Jan 18, 2020
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taylor: those people in the room with the likes of executives from micron, qualcomm, ebay, and others. to discuss the implications, i talked to adam siegel, director of digital and cyberspace policy on the council of foreign relations in new york. in washington, bloombergs peggy collins. we have learned that the u.s. and china have taken the first peggy and china have taken the first step to negotiate some big : imports into the u.s. in terms of china promising to commit to buying of more u.s. products, as well as some concessions in terms of enforcement around intellectual property protection and patents, as you mentioned, so, essentially, china is saying we are committing to about $200 billion in additional product purchases from the u.s. in exchange for those reductions of tariffs, which we saw announced in december, where the u.s. did not go through with the december tariffs that were threatened, as well as it did a reduction of some tariffs that were put on in september, but some of the stickiest issues are still out there and awaiting a phase two deal that the administration say
taylor: those people in the room with the likes of executives from micron, qualcomm, ebay, and others. to discuss the implications, i talked to adam siegel, director of digital and cyberspace policy on the council of foreign relations in new york. in washington, bloombergs peggy collins. we have learned that the u.s. and china have taken the first peggy and china have taken the first step to negotiate some big : imports into the u.s. in terms of china promising to commit to buying of more u.s....
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question mark michel i should say as you were speaking there we saw the united states secretary of state micron peo walking into the chancellor and of course being greeted by german chancellor angela merkel and united nations secretary general antonio gutierrez. i want to ask you as we continue this. can germany and its european partners influence the peace talks as far as i'm concerned. well they certainly are major broker this is your of a front yard and this is also a question of diplomatic credibility after the iran nuclear deal is pretty much on its last leg it's certainly not functioning and the question is whether the europeans can finally find a common line we even have european countries supporting different actors in what threatens to become a proxy war on the ground in libya but there is a growing awareness here in europe that if libya descends further into chaos this could spark yet another wave of migration it already is a key port of departure for many migrants who leave for europe and many who do. why in the mediterranean there are atrocious reports from human rights when i see.
question mark michel i should say as you were speaking there we saw the united states secretary of state micron peo walking into the chancellor and of course being greeted by german chancellor angela merkel and united nations secretary general antonio gutierrez. i want to ask you as we continue this. can germany and its european partners influence the peace talks as far as i'm concerned. well they certainly are major broker this is your of a front yard and this is also a question of diplomatic...
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micron got upgrade.hese stocks at all-time highs, wall street still ratcheting up the share price target. i tell folks we're chasing fundamentals not necessarily stocks. >> i'm not so sure on micron. things like google, amazon, apple, the category killers, they have been proving themselves time in, time out and every now and then they have a quarter a little bit soft. they start coming back. if i had a dime for every person has been negative on these names, for ages, every time they they're weak for a couple months, i would be doubly rich at this point. all i can tell you is, the big institutional crowd are buying them here. i and i think you got some accelerating numbers in some of them. i'm a big believer in price, not in opinion. price is speaking about as loud and clear as i seen it in quite a while. charles: it is screaming right now. cody, great seeing you my friend. gary, great seeing. catch gary tonight. "bulls & bears," 5:00 p.m. eastern time. we of course will also continue to follow the fall o
micron got upgrade.hese stocks at all-time highs, wall street still ratcheting up the share price target. i tell folks we're chasing fundamentals not necessarily stocks. >> i'm not so sure on micron. things like google, amazon, apple, the category killers, they have been proving themselves time in, time out and every now and then they have a quarter a little bit soft. they start coming back. if i had a dime for every person has been negative on these names, for ages, every time they...
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Jan 13, 2020
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think there's some upside in not all the semiconductor names but a kascattered few, specifically micronology and applied materials have a lot of upside also look at lam research and taiwan semiconductor they should be, particularly as we roll out 5g infrastructure, good names for a number of years. >> does the space want a deal with china that is poised to get inked on wednesday, does that do anything to add to the bold case for tech, paul >> i think it's much to do about nothing. the key will be what comes over time with phase two and later dealings with the chinese pertaining to the purported theft of u.s. i.t., intellectual property as far as what's going on in phase one maybe gives, some signs we can expect to have a better relationship with the chinese. maybe phase one does lead to phase two with some certainty now. but as far as what's going to be inked this week, it's really not a big deal >> joel, same question to you before we wrap up. >> paul mentioned micron within tech as well i'm in the campaign finance reform the bulk of the chinese noise is kind of in the rear view and wi
think there's some upside in not all the semiconductor names but a kascattered few, specifically micronology and applied materials have a lot of upside also look at lam research and taiwan semiconductor they should be, particularly as we roll out 5g infrastructure, good names for a number of years. >> does the space want a deal with china that is poised to get inked on wednesday, does that do anything to add to the bold case for tech, paul >> i think it's much to do about nothing....
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Jan 16, 2020
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the data center server side, amd and nvidia micron, western digital, are names to focus on.e more neutral on xilinx. the big impact would be huawei, where they don't have any exposure and huawei seems to be moving >> smimitch and v.j., thank you. >> let's get a check on where we stand across the major averages, all higher by a little better than half a percent, the s&p at about a half a percent and can't get enough "squawk alley" not only can you watch us live on the app and on your tv, you can watch us on the podcast. download us from the app store of your choice to help you maintain balance and help keep you active and well-rested. because hey, tomorrow's coming up fast. nature's bounty. because you're better off healthy. >>> here's what's coming up top of the hour today. stocks surging today, the s&p topping another key level. we'll ask how far stocks can climb. and the stocks are flying. and a big blow nor the regional bank our "call of the day." which one got chopped. we'll do it at noon, morgan. >> chopped all right. looking forward to it, scott thank you. it's been a
the data center server side, amd and nvidia micron, western digital, are names to focus on.e more neutral on xilinx. the big impact would be huawei, where they don't have any exposure and huawei seems to be moving >> smimitch and v.j., thank you. >> let's get a check on where we stand across the major averages, all higher by a little better than half a percent, the s&p at about a half a percent and can't get enough "squawk alley" not only can you watch us live on the...
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also micron which are both trading up, western digital almost 3%. micron 1%.stanley uptgrading to overweight on the earnings front texas instruments reported adjusted quarterly profits above estimates as well but that company's revenue and guidance also coming in better than expected as microchip demand stabilizes even so those shares remain under pressure down more than 1% >> time for a news update. sue herera has that for us back at headquarters. >> thank you very much >>> good morning, everyone here is what's happening at this hour china has closed off a city of more than 11 million people today in an unprecedented effort to try and contain a deadly virus. wuhan shut down all forms of transportation in and out of that city. several other cities were also locked down. 17 people have died from the virus and 571 people have been sickened by the coronavirus. >>> vice president pence arriving in israel to attend the largest ever gathering focusing on commemorating the holocaust he is among some 40 dignitaries at the forum, which coincides with the 75th anniversa
also micron which are both trading up, western digital almost 3%. micron 1%.stanley uptgrading to overweight on the earnings front texas instruments reported adjusted quarterly profits above estimates as well but that company's revenue and guidance also coming in better than expected as microchip demand stabilizes even so those shares remain under pressure down more than 1% >> time for a news update. sue herera has that for us back at headquarters. >> thank you very much...
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sanjay mehrora, of micron technology. they stock has been on a tear.om 5g, high-tech to the communication world and chip technology. china, all weaves together in breaking news in the final hour of trade. see you then. charles: micron is absolute monster. got upgrade to 70 from 50 by cowan. wow. look for "claman countdown" at the top of the hour. >>> officials believe the ukrainian plane was shot down by mistake. iran vehemently denied being behind the tragedy that killed 176 people. this coming as the house debates limiting president trump's war powers against the rogue regime. is speaker nancy pelosi out of line bringing this up? i want to bring in new york congressman, lee zeldin. what do you make of this? this issue for the most part will be dead on arrival in the senate. you guys have some things on your plate. the notion that this should take precedence over that is remarkable in my mind. >> 2019 ended with the left being further rolled by their activist rage base with sham impeachment. they're kicking off 2020, this is their high-profile out of
sanjay mehrora, of micron technology. they stock has been on a tear.om 5g, high-tech to the communication world and chip technology. china, all weaves together in breaking news in the final hour of trade. see you then. charles: micron is absolute monster. got upgrade to 70 from 50 by cowan. wow. look for "claman countdown" at the top of the hour. >>> officials believe the ukrainian plane was shot down by mistake. iran vehemently denied being behind the tragedy that killed 176...
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charles: micron was one of the best performing stocks last year. cowan said we had target of 50.it sound almost like horse trading to you. is it legitimately driven by fundamentals? >> it is. the year before that micron got slammed from huge highs and that is what we see in the semiconductor world. charles: feast or famine. >> feast or famine. when the cycle is down, everybody is bailing. when you back in, you can't build enough of them. people build capital expenditures to make more. we're in that part of the cycle. charles: last jobs report blew away everyone's expectations. market did actually well. i have less than a minute. we'll listen to what president trump had to say. how important is friday es job report. how important is that. >> i think it will be okay. it will not not blow us away. you can't go up month after month. charles: good news is good news. are we back in that scenario, are we rooting for economic scenario? >> we're in good news territory. charles: where is the market this year. >> going up double digits again. too many god things happening. shaking off negat
charles: micron was one of the best performing stocks last year. cowan said we had target of 50.it sound almost like horse trading to you. is it legitimately driven by fundamentals? >> it is. the year before that micron got slammed from huge highs and that is what we see in the semiconductor world. charles: feast or famine. >> feast or famine. when the cycle is down, everybody is bailing. when you back in, you can't build enough of them. people build capital expenditures to make...
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in terms of tech, adobe applied materials, sales force, micron, service now, nvidia, texas instruments. you know where i'm going these stocks keep going up. >> i could tell you a story of every one of them. >> yeah? >> asml with a blow out. and nvidia this morning said it's back on its continuum it has new chips amd taking a lot of business from intel i could go on and on those stocks, those companies could have breakout earnings instead of this being on -- we don't really like it when we've gotten the so-called levitation. it then justifies the higher that might be happening. >> by my numbers, joe, so far minus 0.8% to cramer's point you've had multiple expansion, you better get the earnings growth to back it up. jamie dimon out in davos, market's in a goldilocks place yesterday, jonathan was raising his price to 3600 on the s&p they say there's more upside than you think bullish, bullish, bullish. maybe it's justified maybe that's just fine jim says you can make a story for the stocks that continue to go up. can you make a credible story for the mark that continues to go up? >> if yo
in terms of tech, adobe applied materials, sales force, micron, service now, nvidia, texas instruments. you know where i'm going these stocks keep going up. >> i could tell you a story of every one of them. >> yeah? >> asml with a blow out. and nvidia this morning said it's back on its continuum it has new chips amd taking a lot of business from intel i could go on and on those stocks, those companies could have breakout earnings instead of this being on -- we don't really...
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general assembly whether he talked about micron and the effect of their trade secrets. now china will put in place a modern regime to protect that, including penalties. there's also a lot on pharmaceuticals and patents, which is really important for that industry, especially after losing ground in the end game on usmca. then financial services, you heard a lot of talk about the removal of the equity cap but really more significant are the provisions in there on licensing so once those equity caps go away, china will have to grant licenses to u.s. companies that apply on a nondiscriminatory basis. on agriculture, we can talk about the sales, purchases over the next two years and that's good, but this is a fully fledged agriculture chapter like you would see in a trade agreement. it really gets into a lot of details in terms of china having to adhere to science-based standards, having to conduct biotechnology approvals, things like that. they will help u.s. soybeans and corn and beef pork and i can go on i think this is a good deal not only for the u.s. but china. i agree
general assembly whether he talked about micron and the effect of their trade secrets. now china will put in place a modern regime to protect that, including penalties. there's also a lot on pharmaceuticals and patents, which is really important for that industry, especially after losing ground in the end game on usmca. then financial services, you heard a lot of talk about the removal of the equity cap but really more significant are the provisions in there on licensing so once those equity...
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corruption scandal and virginians are held another nationwide strike against president emanuel micron's pension reform plans the protests of already caused travel disruptions for over a month negotiations between the government and the transport unions in france are expected to continue this friday they get you up to date with the headlines on al-jazeera people in power is next. we understand the differences and similarities have cultures across the ground sentimental value taking out using . their names and current affairs. counters to. the full of the berlin wall just over 30 years ago came amidst sweeping changes to end the cold war and see the downfall of authoritarian commonest regimes across eastern europe but 3 decades on the pro-democracy optimism of those days has turned sour replaced by rising seas and a phobia and populist nationalism countries once helped me one day i heard so what went wrong in the 1st of 2 special reports we've been to germany to find out. the berlin wall was the most potent symbol of the division between east and west during the cold war. its demise towar
corruption scandal and virginians are held another nationwide strike against president emanuel micron's pension reform plans the protests of already caused travel disruptions for over a month negotiations between the government and the transport unions in france are expected to continue this friday they get you up to date with the headlines on al-jazeera people in power is next. we understand the differences and similarities have cultures across the ground sentimental value taking out using ....
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promise of his presidential campaign but instead it has caused chaos in many parts of france emanuel micron's pension reform plan well he wants to reduce the $1000000000.00 pension fund deficit by raising the retirement age and replacing the dozens of different pension schemes with a universal one but france's powerful unions want him to scrap the entire plan and they are willing to go the distance for their cars travelers all over france have been affected by the strike the commuters in paris have been the hardest hit some not had enough but a majority still support the strike and activists like claire have devoted themselves to stopping mccall. and have federal campaign of our young so confident and absolutely determined for over 6 weeks they have been opposing president mccollum's proposed pension reform these young women are standing shoulder to shoulder with train operators and measure drives the compulsory for them they say is especially unfair to women as they see pension benefits from others being cut. only the time works during your live time would be counted towards your pension tha
promise of his presidential campaign but instead it has caused chaos in many parts of france emanuel micron's pension reform plan well he wants to reduce the $1000000000.00 pension fund deficit by raising the retirement age and replacing the dozens of different pension schemes with a universal one but france's powerful unions want him to scrap the entire plan and they are willing to go the distance for their cars travelers all over france have been affected by the strike the commuters in paris...
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furious protesters chanting mccrone resign tried to confront him some demonstrators against manual micron's pension reforms got passed placed into the hall to deliver their angry message. was. was. was was was. was. was meanwhile more than a 100 protesters in the french capital block the entrance to the iconic will have was museo people have joined union calls to demand the complete withdrawal of macross proposals that's despite the government's promise to compromise agreeing to drop some of the pension reforms the most controversial aspects of french parliament is due to debate the bill next month but there are mixed public feelings about the protests. going to come to filmmaker to whom i'm happy that they're defending culture i left at 7 in the morning from to shown where i'm from to see the an artist of each exam patient but it's not a big deal because if they do not strike there won't really be a liver as we know it so i don't mind the strike i'm actually happy i supported them. cops. show if someone would lend my hand to i'm ready to break through the picket lines because the situation
furious protesters chanting mccrone resign tried to confront him some demonstrators against manual micron's pension reforms got passed placed into the hall to deliver their angry message. was. was. was was was. was. was meanwhile more than a 100 protesters in the french capital block the entrance to the iconic will have was museo people have joined union calls to demand the complete withdrawal of macross proposals that's despite the government's promise to compromise agreeing to drop some of...
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christmas so i think that it's father winter who is coming to see him i know i think someone should tell micron that father christmas doesn't exist at all as if he was a child i am not sure that he would have a lot of presents this year because he has not been very wise he did not listen to his people but his duty. no t.v. no t.v. is not nice to see and i think that he will be deprived of gifts this year and also next year. well moving on to some other key events from the year that was not see what disruptive in chief has in store for us but you can guess who this is of course 29000 was a year old trump making the headlines so let's take a look at impeachment and he's even been impeached of course which doesn't seem to be both bring him too much hope and explains how the house of representatives votes in favor of trump's impeachment may not have had the effect the democratic party wanted. president dr slamming house speaker nancy pelosi says of the lady she wrote about and she. said for you to see it so are you sick and tired of it yet every single day there's a fresh delusion of stories about
christmas so i think that it's father winter who is coming to see him i know i think someone should tell micron that father christmas doesn't exist at all as if he was a child i am not sure that he would have a lot of presents this year because he has not been very wise he did not listen to his people but his duty. no t.v. no t.v. is not nice to see and i think that he will be deprived of gifts this year and also next year. well moving on to some other key events from the year that was not see...
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it was a protest this followed micron's motorcade as it tried to speed away the president was reportedly with his wife brigade to rent a car out of school to buy police motorbikes. journalist and political activist or film who was just in front of him in the theater with the rest of the doing so his arrest respond outrage $100.00 protesters in the french capital blocked the entrance to the iconic louvre museum people have joined union calls to demand the complete withdrawal of proposals but there are mixed feelings about the protests. going to come on that front i could you i'm happy that they're defending culture i left at 7 in the morning from additional on where i'm from to see the an artist eventually exhibit but it's not a big deal because if they do not strike there want to really be a lot for as we know it so i don't mind the strike i'm actually happy i supported them. if someone would lend me a hand i'm ready to break through the picket line because this situation is unacceptable i don't care about their pension issues. they are uniting and supporting each other reinforcing each
it was a protest this followed micron's motorcade as it tried to speed away the president was reportedly with his wife brigade to rent a car out of school to buy police motorbikes. journalist and political activist or film who was just in front of him in the theater with the rest of the doing so his arrest respond outrage $100.00 protesters in the french capital blocked the entrance to the iconic louvre museum people have joined union calls to demand the complete withdrawal of proposals but...
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booed as he left the paris theater with people chanting mccrone resign some demonstrators against micron's pension reforms go paul's police into the hole to deliver the angry message. was. the was the was. a protest as it followed macross motorcade as it tried to speed away the president was reportedly with his wife bridgette in a rental car scolded by police motorbikes journalist and political activist who noticed a marker on in the theater and film to him saying that the evening may be eventful after that he was arrested for being part of a group formed with the purpose of committing acts of violence his arrest has sparked outrage meanwhile more than 100 protesters in the french capital block the entrance to the iconic museum people who joined you new calls to demand the complete withdrawal of macross proposals but there are mixed public feelings about the protests. and the filmmaker to whom i'm happy that they're defending culture i left at 7 in the morning from dish on where i'm from to see the an artist of intrigue submission but it's not a big deal because if they do not strike there
booed as he left the paris theater with people chanting mccrone resign some demonstrators against micron's pension reforms go paul's police into the hole to deliver the angry message. was. the was the was. a protest as it followed macross motorcade as it tried to speed away the president was reportedly with his wife bridgette in a rental car scolded by police motorbikes journalist and political activist who noticed a marker on in the theater and film to him saying that the evening may be...
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france president among your micron continues to face mounting pressure from public sector workers and trade unions as the country's longest strike in over 3 decades enters the week anger over the government's proposed pension reforms been boiling over in paris and other major cities bringing public transportation hospitals and schools to a standstill in the capital protesters targeted a major financial institution they say stands to benefit from the pension scheme and the government entered a new round of talks on tuesday in a bid to end the stand. millions of worshippers are filling churches from the balkans to the middle east as eastern orthodox christians celebrate christmas. because. if you've been missing girl 2019 already don't worry it will be cast again i back over it after the break. what politicians do. they put themselves on the line to get accepted or rejected. so when you want to be president. or some want to be. too great to be for us it's like them before 3 of the more people. interested in the why. there should. be. so what we've got to do is identify the threats that
france president among your micron continues to face mounting pressure from public sector workers and trade unions as the country's longest strike in over 3 decades enters the week anger over the government's proposed pension reforms been boiling over in paris and other major cities bringing public transportation hospitals and schools to a standstill in the capital protesters targeted a major financial institution they say stands to benefit from the pension scheme and the government entered a...
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system come as part of a wider workers' strike that caused chaos nationwide up in the 3019 my old micron's planned pension reform aims to merge the current complex system into a unified points based system but also remove bonuses for a wide range of jobs the french prime minister has however promised to drop the proposal to raise the pension age from 62 to 64 is a look back at how the protests of play doh. q. there's no issue too tall for this protest in paris also known as the french spiderman climbed a skyscraper in the capital to draw attention to pension reform plans he says the country's oldest elders generations should be respected and able to maintain a decent level of life. the current leader of the u.s. democrats early battle to elect a candidate for this year's presidential election is causing panic in the party's ranks is a familiar face to you but bernie sanders being the front runner in the state of iowa has other candidates worried over whether he would cut it in the race for the white house. he still needs to be mindful of some point he might need to rally millions of people
system come as part of a wider workers' strike that caused chaos nationwide up in the 3019 my old micron's planned pension reform aims to merge the current complex system into a unified points based system but also remove bonuses for a wide range of jobs the french prime minister has however promised to drop the proposal to raise the pension age from 62 to 64 is a look back at how the protests of play doh. q. there's no issue too tall for this protest in paris also known as the french spiderman...
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and hospital workers along with teaches to march in the french capital demanding a total scrap of micron's proposals thousands more rallied across the country docking ports and disrupting and tricity production and that's despite the government's decision to reach a compromise last weekend is going to drop some of the pension reforms most controversial aspects the french parliament is due to debate the bill in february while negotiations drag on some have most of find the funny side of recent events. as the search continues in fronts we've brought you. know we've brought you the discontentment we've even taught you the violets yet saying they. interesting about protests like this all the fine is that really brings the color if you just look behind me you can to get a sense of just some of these banners that are out today people spend tireless hours creating these banners to try and get them for a moment say on t.v. or social networks to try and get their voices of course we're going to speak to the ballot he's got this sad very nice sign by british on slate nice english basically saying my
and hospital workers along with teaches to march in the french capital demanding a total scrap of micron's proposals thousands more rallied across the country docking ports and disrupting and tricity production and that's despite the government's decision to reach a compromise last weekend is going to drop some of the pension reforms most controversial aspects the french parliament is due to debate the bill in february while negotiations drag on some have most of find the funny side of recent...
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micron's there are similar reactions from what i would publish and the situation is a very by the.e.u. has done tarbuck. on greece as isolated greece and greece a lot of places in greece are dumping grounds for illegal migrants and refugees what are the main changes or improvements that that greeks are actually asking for . well there is not there you name it in this. issue suppose additions. most of the people suggest. you should take a bargain but some of the buy them for more bucks but this is not. a solution that can stop the problem. as it will the guards other migrants illegal migrants to try these very dangerous trip that was going to be my point actually because greece has accused the e.u. at petrol of a lack of solidarity proselytise tried working out a deal with turkey we know and with many indeed of the migrants countries of origin has not helped alleviate the problem in any way it is so. the president of turkey as i mean so full imposing neighborhood war against greece. has. only again the flow and we immigrants which he has stayed lee. he has stated that he controls so
micron's there are similar reactions from what i would publish and the situation is a very by the.e.u. has done tarbuck. on greece as isolated greece and greece a lot of places in greece are dumping grounds for illegal migrants and refugees what are the main changes or improvements that that greeks are actually asking for . well there is not there you name it in this. issue suppose additions. most of the people suggest. you should take a bargain but some of the buy them for more bucks but this...
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come from a wider workers' strike that caused chaos across the country at the end of 2019 a model micron's planned pension reform aims to merge the current complex system into a unified points based system but also move bonuses for a wide range of jobs and the french prime minister however has promised to drop a proposal to raise the pension age from 62 to 64 here's a look back at how the protests have unfolded. there is no issue too tall for this protester in paris robots also known as the french spider-man. in the capital to draw attention to pension reform plans he says the country's oldest generation should be respected and be able to maintain a decent level of life. the current leader of the us democrats early battle to elect the can that for this year's presidential election is causing panic in the party's ranks is a familiar face to the sun as being the front runner in the state of iowa has all the candidates worried whether he would cut it in the race for the white house he still needs to be mindful of some point he might need to rally millions of people to support someone else tha
come from a wider workers' strike that caused chaos across the country at the end of 2019 a model micron's planned pension reform aims to merge the current complex system into a unified points based system but also move bonuses for a wide range of jobs and the french prime minister however has promised to drop a proposal to raise the pension age from 62 to 64 here's a look back at how the protests have unfolded. there is no issue too tall for this protester in paris robots also known as the...
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you think the sentiments we heard during the last days where so many european politicians present micron land to new commission president of course and if we think back to the last president to drunk load younker the people in brussels when they said we we never want to this and it's really it's sort of tearing us apart and it's of really emotional saying it's the truth it's not only big words but it is also the truth because of course. the european for a big member state like britain to be leaving it something that has never happened before and nobody ever thought it possible nobody ever believed that this could happen that a country would turn around and sort of tear itself away and it's so it's an extension moment and it's worse than a divorce maybe it is it is like like losing a member of your family and the whole the ideological part of it the rational part of it the sort of negative side all the bad words that we've heard against europe and the european union are making this even more difficult you know we thought we were friends and then we found out that we could even be enemies
you think the sentiments we heard during the last days where so many european politicians present micron land to new commission president of course and if we think back to the last president to drunk load younker the people in brussels when they said we we never want to this and it's really it's sort of tearing us apart and it's of really emotional saying it's the truth it's not only big words but it is also the truth because of course. the european for a big member state like britain to be...
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state if you know the good times for the illegals are over get ready to pack your bags and money well micron has not been very nice lately he's a polite man but he probably drinks too much. you'll not find any extremists or veterans at this table the only nostalgics are those in power in brussels today she stayed where ready to build a new future this is the path to save europe because those who are sinking into the european dream or the bureaucrats the bankers the do gooders who have been government for too long by the time italians headed back to the polls this time for the e.u. elections for ching's had been reversed it was clear the league was now in the droid ing seat if we see it the numbers i'm in the last polls that have been. maintained leadership in the polling stations in the intentions of votes and so these. the continuation of the government's would have not grew to move to the lead so he decided to cut it off and run out of the government to be much freer in pursuing his lead to rate without the ties that the government is necessarily lies he has been running up to now neatly g
state if you know the good times for the illegals are over get ready to pack your bags and money well micron has not been very nice lately he's a polite man but he probably drinks too much. you'll not find any extremists or veterans at this table the only nostalgics are those in power in brussels today she stayed where ready to build a new future this is the path to save europe because those who are sinking into the european dream or the bureaucrats the bankers the do gooders who have been...
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prover 1000 french health workers threaten to resign from their posts unless emanuel micron's government gives in to increased funding demands coming up we hear from one french doctor on the situation. hospitals have been on strike for several months hospitals and emergency services units have been sounding the last the politically nothing has been the problem. just turned live from our to international news h.q. here in moscow is kevin owen with you well welcome to the program 1st that iran has said it made arrests in the case of the accidentally downed ukrainian passenger plane last week in which all 176 people on board or killed. bateau your motto morbius you are people it is very important in this incident that whoever was at fault or negligent at any level and identify anyone who should be punished must be punished while. the u.s. is being blamed for flaming tensions in the persian gulf leading to what's been described as collateral deaths that's the assessment of the russian foreign minister as he was speaking to the media about the escalating middle east crisis so i also added tha
prover 1000 french health workers threaten to resign from their posts unless emanuel micron's government gives in to increased funding demands coming up we hear from one french doctor on the situation. hospitals have been on strike for several months hospitals and emergency services units have been sounding the last the politically nothing has been the problem. just turned live from our to international news h.q. here in moscow is kevin owen with you well welcome to the program 1st that iran...
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entrance to the iconic museum people have joined union calls to demand the complete withdrawal of micron's proposals but there are mixed public feelings about the protests. and the filmmaker to whom i'm happy that they're defending culture i left at 7 in the morning from dish on where i'm from to see the leonarda . but it's not a big deal because if they do not strike there won't really be a liver as we know it so i don't mind the strike i'm actually happy i supported the . cops. if someone would learn man to i'm ready to break through the picket lines because the situation is unacceptable i don't care about their pension issues. they are uniting and supporting each other reinforcing each other so that's why i'm here really is also we are against it they should not be here picked in for an hour to strike to express their opinion very good but to piss off everyone all day long who comes to visit he comes from far away that's shameful. the anger of the roots is what these things should be done. that the government who wants to force its pension reform project through we're not the ones that
entrance to the iconic museum people have joined union calls to demand the complete withdrawal of micron's proposals but there are mixed public feelings about the protests. and the filmmaker to whom i'm happy that they're defending culture i left at 7 in the morning from dish on where i'm from to see the leonarda . but it's not a big deal because if they do not strike there won't really be a liver as we know it so i don't mind the strike i'm actually happy i supported the . cops. if someone...