anja: so if the ministry of finance really wants to be a part of and contribute to this growth, thenhat they should do is to increase the mandate for the unlisted investments in renewable infrastructure companies. reporter: the fund's mandate has been shihifting. concernsns about the e environt are gainining weht, peperhs in the face of public pressure. it could well be that t otecting norwians' wealalth and prototecting the e environment e the face of public pressure. it couldto be compatible.tecting hostst: trees may y be key o humankind'd's survival.. they absorb the greenhouse gas carbon dioxide and release oxygen. but tropicalal rainforeststs e disappearing at an alarming rate. every three seconds, 100 trees are felled. the same is happening in peru, especially in the rainforest near iquitos. our reporter tanya blut traveled to the region and found that logging has increased there over the past decade. but that may be changing now. reporter: the jungle around iquitos is home to more species than almost anywhere else on earth. it is a kind of paradise, but it is under threat. jus

infrastructure ventures some environmental activists say that should be its focus so if the ministry of finance really want to be a part of contribution to this growth then what they should do is to increase the mandate for their unlisted investments in renewable infrastructure companies. the funds mandate has been shifting concerns about the environment are gaining weight perhaps in the face of public pressure it could well be that protecting norwegians wealth and protecting the environment proved to be compatible. may be key to her in survival they absorb the greenhouse gas carbon dioxide and release oxygen but tropical rain forests are disappearing at a loring rate every 3 seconds 100 trees are felt. the same is happening in peru especially in the rain forest here. our reporter tanya flute traveled to the region and found that logging has increased there over the past decade but that may be changing out. in. the jungle around his home to more species that almost anywhere else on a. it's a kind of paradise but it's under threat. just 15 years ago giant trees grew near the city floated down th

the director general of israel's ministry of finance is here in a fox business exclusive. rael, a small nation, big democracy, is having to deal with running a very vibrant economy with all of this tension. how is that going? >> i think this has been the case for many years now and as you said, as you mentioned before, our prime minister, bibi netanyahu, managed to stop the iran deal. i think our prime minister will be a very, very good connection with your administration, with president trump and i think that's an area which they will be able to solve. liz: when treasury department here in the u.s. gets ahold of things when it comes to nations like iran or north korea, it's treasury that puts down the sanctions, that hands down the sanctions. >> for sure. we have the same thing. we have a department that deals with the sanction on iran. this has not been changing and we will continue to put the sanctions on iran as it was before. of course, it will need to be enhanced, then our cabinet, security cabinet, will sit down together and give instructions to the finance ministry

before joining the bank, she worked at the indian ministry of finance. thank you for joining us. ce when you were at the ministry? if so, how was it received? abouts a lot of criticism this being held, especially given how strong the rupee has become of late. >> well, even though it was a really long time ago, everything has changed at this point. it islly speaking, something which india has not done in the past, putting debt in a different currency. they have to go through it carefully, and gradual steps. the whole idea is that interest rates are pretty high, and that could be attractive for global investors, but on the other hand they have to be careful about the hedging costs which can be pretty high as well. you have to go carefully and take baby steps. let's get to the budget last week. did that move the dial in any way? what was your thinking immediately afterwards, and how does it dovetail into the idea of this offering as well? think it was a mixed bag. there were clearly some good things about it. the best was the fact that this theyl deficit target -- announced a growth

if he gets anywhere close to 100 against the dollar, the ministry of finance would be concerned and probablyof japan on birth to do something about it. it's a tricky situation because they don't want to offend washington, but at the same time they've made it clear they don't like people that artificially keep their currencies week, so japan has to take that into account as well. as we did see dollard again touching 100, that's a serious situation for japan, for the exporters. i'm sure the japanese would want to do something to try to help out in that way, but we are not there yet. certainly in the next few weeks if the u.s. interest rates are coming down, we could see the u.s. dollar get weaker against other major currencies, including begin. if the trade talks work out with china, we could get a risk on scenario as well and that would likely benefit the yen as well. there are a few things on the horizon that can make begin stronger, but they are not likely to happen this week. certainly in coming weeks and months, is something the japanese authorities will look at very closely. shery: let's

probably my best, it would be, would -- my best comment be, in our dialogue with the ministry of financelegislation, we expected to be on the low end in relation to our competitors around the region. is 39.5. we think it will be under 10%. e we think we will be competitive. but i don't want to speak him the half of the cambodian government. sophie: if it is on the low end, will it change your risks? >> we have seen sustained revenue growth over a long time. as i mentioned, with the opening in 2017, that has been a transformative event. it has attracted many of the high-end players around wetheast asia and macao. have representation of the major junkets in our facilities. our vip rollings have gone up significantly. the mass market continues to impress us, as well. we have favorable result both in buy- of table by ins -- continuesass market to grow from southeast asia, and there is a lot more business visitation to phnom penh. past.penh has a troubled the population in 1980 was about 400-some thousand. now it is 2 million plus, with projections to grow to 3 million. i think our growth is

of them was that the president signed it. gave greater powers to the inspector general what would be the equivalent within the finance ministry as kind of a watchdog i think that was a sign that he was checking the power of the finance minister the other was that within congress right now the presidential party maturity many members had come out to criticize the fact that there's a tremendous amount of the budget that's gone unspent that there was extreme tightness coming from the finance ministry even within. the program of the federal government and they were asking them to loosen up on some of that spending because it was affecting social programs it was the effect in the prospects for growth of the country so there was pressure coming in from these different sides but i suspect that the fundamental problem was power issue between the president directly and the finance minister and probably as well this very strict neo liberal it here and of the finance minister it seems very interesting that it's essential the difficulty that his having in implementing his essential you know acceptance of the neoliberal policy agenda but

think of lagarde and the celebrity of it all, but i emphasize her trade work for france and her ministry of financets as a gesture of goodwill, bloomberg learning volume will likely be smaller than before. purchases could include soybean, corn, and pork. iran has a warning for europe, if it does not comply with terms of the nuclear in agreement -- agreement, tehran will continue enrichment of uranium. iran is calling on europe for an economic lifeline. increasing uranium enrichment could give a run enough to produce a nuclear weapon. rightsts and immigrant groups scoring a victory, the trump administration denied adding a citizen -- citizenship question on the census. the u.s. women's soccer team is headed to its third straight world cup final. on sunday in france, they play the winner of today, sweden or netherlands. she stopped a penalty kick in the last minutes of the match. global news 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am viviana hurtado. this is bloomberg. tom: on the markets, george sarah bellows pub

adidas action on feb price also implicated was the current ceo of orange whose chief of staff of the finance ministry at the time of the habituation. if you know that you could on the possibility that your said that the arbitration was legal that it was legitimate given all the records the claim that the process leading up to the arbitration and it's resulting decision was fraudulent. is absolutely unfounded you want to do this you will be called. the now seventy six year old brother nafta pete wasn't presence of the ruling. as he's dealing with a relapse of stuff occurs and stomach cancer. its least alright deputy prime ministers and posing for the press of a migrant counter is closed. at this of any claim to cited cicely was the largest in europe streamed live on the internet sabini also posted. a huge reduction in the numbers of migrants coming to italy since the start of banning rescue boats bring in them a short. last year. smiles among the wreckage matteo salvini posed for the press in front of a pile of rubbish at the maneira migrant sensor once home to more than four thousand one hundred peop

we're talking about corruption here as a bit of more background and as the minister of finance wrote in and his ministry the treasury are responsible for the releasing of money to government projects and overseeing how that money is being used so in this very role not only did he apparently inflate the budget necessary for the construction of these 2 dams but also released $25000000000.00 kenyan shillings that's around $200000000.00 u.s. dollars to this italian construction company to construct 2 dams in the rift valley we're talking about an area region which is really dry suffering from water scarcity farmers and their cattle there are supposed to be helped out get some water with these 2 dams but 5 years on not a single crop of water has reached them so the big question is why did that money goal and now the man who was in charge is being held responsible for it right i mean what's what's the sense they made any does this a raised mean president that is getting serious when he's pledged to fight corruption. corruption is not new in kenya and. has been accused several times criticized in the past for

course we're talking about corruption here as a bit of more background as the minister of finance wrote in and his ministry the treasury are responsible for the releasing of money into government projects and overseeing how that money is being used so in this very role not only did he apparently inflate the budget necessary for the construction of these 2 dams but also released $25000000000.00 kenyan shillings that's around $200000000.00 u.s. dollars to this italian construction company to construct 2 dams in the rift valley we're talking about an area region which is really dry suffering from water scarcity farmers and their cattle there are supposed to be helped out get some water with these 2 dams but 5 years on not a single crop of water has reached them so the big question is why did that money goal and now the man who was in charge is being held responsible for it right i mean what's the what's the sense they made any does this a race mean president is getting serious when he's bache to fight corruption. corruption is not new and kenya and. has been accused several times criticized in the past for no

talking about corruption here as with a bit of more background and as the minister of finance wrote in and his ministry the treasury are responsible for the releasing of money to government projects and overseeing how that money is being used so in this very role not only did he apparently inflate the budget necessary for the construction of these $2.00 dams but also released $20000000000.00 kenyan shillings that's around $200000000.00 u.s. dollars to this italian construction company to construct 2 dams in the rift valley we're talking about an area region which is really dry suffering from water scarcity farmers and their cattle there was supposed to be helped out get some water with these 2 dams but 5 years on not a single drop of water has reached them so the big question is why did that money goal and now the man who was in charge is being held responsible for it right i mean what's what's the sense they made any does this a raised mean president is getting serious money to fight corruption. corruption is not new in kenya and. has been accused several times criticised in the past for not cracking

the finance ministry's response, force.ation of a police >> tax authorities and police have been unable to catch up with the technical expertise of tax cheaters. >> the unit well havee the power to carryout searches and seizures, surveillancnce operations and question and detain suspects. has been made. 129 countries have started exchanging banking information to tackle tax evasion. the french government required more than 11 billion euros last year. ,ver the past 10 years authorities have had t trouble keeping up with complex operatioions. >> tax evasion through bank secrecy is over. other tooools can be used. the g20 must keep combating that. >> there are significant barriers to overcome. some countries still r refuse to share tax information. cambridgeversity of talkss aboutut how much it costo run bitcoin. >> it is the same about of energy used through run switzerland. is equipment intensive. there are warehouses of machines dedicated to that tasksk. world'sout 2000 of the energy usage, slightly more than switzerlrland. jeannie: thank you -- genie: thank you. coming up, a look at th

assassination attempt of those he had led by german military in 1944 and she reassured their troops she say she would do her utmost to actually improve the finances of their ministry so that would be the task that lies ahead for her sorting out their finances in her minister we'll see if she is up to the task exactly because in a she also promised that she would increase the budget to meet the need to stipulation that 2 percent of the g.d.p. must be spent on defense but the defense ministry is described sometimes as a poisoned chalice in german politics the defense ministry requires more than just money doesn't it there's also a huge problem with equipment and restructuring. exactly there will only be so much that i can count power will manage to do in the minister hands will be tied by the limits for example but that will be a way for everyone for the conservative party for angle america and for german citizens in general to see how under god come our power surges in that minister as you say it is a poisoned gift she's been given when becoming minister both that could be also the occasion to see whether she has what it takes to become germany's next chancellor so

clearly stock investors are anticipating a very strong budget coming out of the finance ministry laterreally in this case, if they are going to boost spending, which happen, ithat will will impact consumer stocks, and a lot of consumer companies will be positively impacted by a boost in spending by the government. that and infrastructure stocks as well could likely go up and that in turn will have a huge impact on the stock market. one thing to also keep in mind, india is one out of two stock markets in asia that have hit a record this year, so who knows where we will go? but there is always a chance of getting to a fresh high if the budget comes in where stock investors want it to. paul: thanks for joining us. what has prodded the government to boost spending now and what are the risks when it comes to the deficit? >> the modi government has reason to tackle a bigger budget. stocks and equities are doing just fine, but this plenty to worry about on the growth side. they are looking at slowing yearh now at its slowest in your case in five years. really what they want to do is try to bo

minister then it will be what he appoints as his top team, crucially in the treasury in terms of the finance ministryl that be a confidence appointment, someone at the market understands, which i think will be quite positive for sterling given its oversold nature? 0r sterling given its oversold nature? or will he go for a left—field candidate, some of the doubts regarding that appointment but also, looking forward a little, there is the vacancy at the bank of england thatis the vacancy at the bank of england that is a prime ministerial appointment. mark carney the current incumbent leaves in january next year, that's key for the stirling trajectory because confidence in that appointment central. everyone keeping half an eye on the central bank and we'll hear from the european central bank on thursday, i know we are looking ahead but some are expecting to give guidance on the fact they may reduce rates going forward ? the fact they may reduce rates going forward? that's right, a lot of speakers from the ecb governing council indicating we will get further easing, potentially a cut to the deposit ratin

but instead we were instructed by a new graduates to work for the finance ministry with all. of the she. said she says in as relocation to strasbourg has not really. the situation and the school still maintains a small parisian campus a stone's throw from the senate suzanne meets in a graduates in the french capital to get valuable career advice though she's adamant this is not about building networks to land top jobs in politics. in france the state plays a bigger role than in other countries that's why we are very selective about who will later play a role in managing the. president my call is assessing whether the school should be shut down but susan disagrees she's convinced that to continue training coming generations of a leak french decision makers. italy is the setting for what may be the greatest love story ever told shakespeare's romeo and juliet even more than 400 years after it was written this spirit of the star crossed lovers is very much alive in verona and so is its protagonist juliet well millions visit the city each year to walk in the footsteps of the famous l

the other committee on the senate side so you have oversight over us, and a lot of other systems, it's the finance ministry in our system of government, it's congress. >> my only point is that criticism from congress or the president does not, in my view, in any way, compromise your independence mr. chairman, i heard economist arthur laffer say over the weekend the fed doesn't set interest rates that it follows interest rates i thought this was an interesting comment, especially in light of low long-term rates and the inverted yield curve has the case for lowering the fed's fund rate strengthened because the fed is following rates as opposed to setting them >> i wouldn't say that i didn't see that comment so i can't react to it. but i wouldn't say it quite that way. our focus is on real economy values in particular, maximum employment and stable prices we use our monetary policy tools to achieve that. and we know that our policy works through financial conditions so we look at a broad range of financial conditions they do matter for us. what really matters is if there are big changes in financial condition

that we're intending to design the reserve, again in consultation with the g-7 working group of finance ministriesnd central banks, is going to be in such a way that we have looked historically at the volatility that the dollar would have had in the last 20 years compared to libra, with the proposed basket, and if you look at the fact that half of the basket is dollars, it should be a fairly stable. that being said -- >> wait. wait. i got it. you acknowledge that consumers everywhere, users of lieb where will for the first time if they have been previously been using their domestic current si, they will experience foreign currency risk. >> they will have some degree of volatility. >> right. so my question -- i think that's an important point for people to understand and i'm not saying that's good or bad but traditionally, the regulatory apparatus here has said if you're going to assume an unfamiliar risk, that risk will be disclosed to you with full transparency. and the mechanism we have used to disclose that kind of risk is through public filings and disclosure. you said this is not an exchange

given the fact that she had four years in the helm of the finance ministry in france through the financialry is and did a brilliant job at the e.m.f. so i think what she's going to do is inherent what draghi is likely to do in except the odds of him going more devilish and giving some more policy in september remain very high. she picks it up and continues to kick in and that's why i think you're seeing european higher as well. david: put so i aside q.e.-for a sect and the bottom red line is two cuts and the second line up is one cut. and what this say is there's more than a certain chance of one cut by september and then by a year from then, it's going to be two. is she going to have a tough time meeting expectations? i mean, mario draghi set up the expectations for being pretty lenient. >> yes. it's very similar to what the fed is doing. that one cut, that move in september, similar to what the fed is going to do in my opinion by 25 basis points, not the 50 the market's looking for. that is insurance. that second perceived cut is if trade negotiations go awry. so i think that the develop

of it some. it puts that entire administration under some pressure. alix: what i did not know is just how important the finance ministrybility of the mexican government. david: it is called the treasury essentially down there, and they have a real sensitivity to the peso and making sure they don't undermine the peso. amlo has a really tough situation because he's a populist come about at the same time once to be prudent. this gentleman who stepped down, the markets really counted on him. the question is the pemex. alix: connects just has too much debt. david: they have so much did not -- alix: pemex has just too much debt. david: they have so much dollar-denominated debt. alix: how do you fix that? that is really the issue. hernandez victoria will be joining us on this fed day. this is bloomberg. ♪ ♪ most of us don't know how much data we use, but we all know we're paying too much for it. enter xfinity mobile. america's best lte with the most wifi hotspots, combined for the first time. when you're near an xfinity hotspot, you're connected to wifi, saving on data. when you're not, you pay for data by the gig. use a litt

in a lot of other systems it is the finance ministry. but in our system of government is congress. >> my only point criticism from congress or the president does not in my view in any way compromise your independence. mr. chairman i heard economist arthur laffer say over the weekend that the fed really doesn't set interest rates. that it follows interest rates. i thought this was interesting comment in light of low long-term rates and inverted yield curve. has the case for lowering the fed funds rate because the fed is following rates as opposed to setting them. >> i wouldn't say that i didn't see that comment so i can't react to it. i wouldn't say quite that way. our focus is on real economy values, in particular maximum employment and stable prices. we use our monetary policy tools to achieve that we know that our policy works through financial conditions. we look through a broad range of financial conditions. they do matter for us. if there are big changes in financial conditions and they're established for a period of time. >> where a

of more than $843 million. around 30 tech companies are likely to be affected, mostly from the us. the french finance ministryates that the tax will raise more than $500 million this year, with that figure rising in future years. france failed to persuade eu partners to impose a europe—wide tax in the face of opposition from low—tax countries, such as ireland, where many big tech firms have their eu bases. it's now pushing for an international deal with the 3a countries of the organisation for economic cooperation and development. earlier this year, facebook‘s public affairs chief, nick clegg, spoke to our media editor amol rajan. he accepted the internet giants should be paying more tax. is it right that facebook pays so little tax in the uk? i think for the digital sector as a whole it is unsustainable. 0f the digital sector as a whole it is unsustainable. of course it is unbalanced that an american company, kettering to the world, yet paint the majority of tax only in i country, ijurisdiction the majority of tax only in i country, i jurisdiction and the majority of tax only in i country, ijurisdiction and

in u.s., there are a number of regulators we are engaged with and we are engaged with the g7 working group including the finance ministries and central banks looking into libra. we are working collaboratively with them as well. >> thank you. understand, you cannot tell us which agencies are going to take a claim to some piece of what is happening with the establishment of libra. you have committed you will comply with regulatory requirements of all u.s. regulators? >> yes, sir. >> let me go quickly to one more question. i have a lot of them. i will have to submit some to you after the hearing. you recently told the banking committee, facebook collects data from transactions occurring on platform and use it for advertising civilization. please describe the personal data collection from on platform transactions? will this type of info they collected for on platform collections that use the libra wallet? when a user buys a product on facebook through libra, will facebook allow other digital wallets to be used within the family of products? explain how that will work. chairman, one thing is important. i want to state this ver

finance ministry. is if spendingen has been boosted, a lot of consumer stocks and consumer companies will likely gain from this report. on top of that, there will also be infrastructure companies in india that could stand to gain as well. if there is an increase in spending, you will see all these stocks climb again and in turn, the sensex could rise for a fifth day, which is great for indian stock split on top of that, the fact that -- stocks. on top of that, that could lead to the index climbing even more. sin --we are seeing trading trading -- thin trading. will we see fireworks on the rates side of things? divya: yes, so it will be interesting to see what comes out of the report. everybody will be watching the 160,000 number. does it go above that? does it stay in line? these will have a huge impact on what the fed decides to do this month. will there be a rate cut? maintain? will the rate cut be smaller than what is expected or larger? all of these different variations could then have an impact on markets across the world, really. so that will be something everybody is going to be watching. even in a

a lot of other systems, it's the finance ministry. but in our system of government, it's congress. >> my only point is that criticism from congress or the president does not, in my view, in any way compromise your independence. mr. chairman, i heard an economist say over the weekend that the fed doesn't set interest rates, that it follows interest rates. i thought this was an interesting comment, especially in light of low long-term rates and the inverted yield curve. has the case for lower the fed fund rate strengthened because the fed is following rates as opposed to setting them? >> i wouldn't say that. i didn't see that comment. i can't react to it. i wouldn't say it quite that way. our focus is on real economy values, in particular maximum employment and stable prizeces. we use our tools to achieve that. we know our policy works through financial conditions. we look at a broad range. they do matter for us. what matters is if there are big changes in financial conditions and they are sustained for a period of time. >> where are we

ministry here and that's why everybody will be listening very closely particularly what she has to say on funding how much closer. we'll get to that 2 percent goal that nato goal of g.d.p. of actually financing and beefing up germany's military capabilities is quite a bit of political irony in the fact that those are funded lion whose star was sinking here in germany who once was seen as a potential successor to machall is now just become europe's most powerful woman arguably as you commission chief ok ours widely seen as you mentioned is the woman chosen by all americans to succeed her as german chancellor how does the step to the defense ministry fit in all the political life well it clearly demonstrates that she still has that aim and that she will be going for it at the same time there was a lot of criticism because she did protest too much in the past making rather clear that she didn't aim to become a member of angela merkel's cabinet and now hey presto she's germany's defense minister but it also gives her an opportunity to learn the ropes particularly on foreign policy where she's had very little exposure to date and to potentially indeed follow an angle americal shoes because it is

she getting with her colleagues in the finance ministry so those are just 3 very tough challenges that she will face an opportunity to prove herself but also a lot of pitfalls and one that just briefly where do you think all of this seeing as a funded line being named a european commission president now and again. defense minister 2 allies of the chancellor angela merkel what do you think that says about where she stands right right now how strong she is chancellor well you know it's her birthday today she's turning 65 and i would say she can definitely be celebrating she has a key ally now who will be running the european commission they're both moderates this doesn't mean that the underlying will be doing the bidding of the german government but certainly that's a real bond between the 2 of them and on a great crime qanbar is also a key ally of the chancellor she's also to some degree a moderate at least in the areas that will count in defense and security policy and for that reason i think that the chancellor can be very satisfied indeed she has wanted to put more women into positions of power and she has really done that these last 2 days there

of more than $843 million. around 30 tech companies are likely to be affected — mostly from the us. the french finance ministryx will raise more than $500 million this year, with that figure rising in future years. france failed to persuade eu partners to impose a europe—wide tax in the face of opposition from low—tax countries such as ireland, where many big tech firms have their eu bases. it's now pushing for an international deal with the 3a countries of the organization for economic cooperation and development. the us has raised objections and the tech industry warns digital taxes could lead to higher costs for consumers. shona ghosh is a senior technology reporter for the website business insider. good morning. so, explaining how this will work. there will be a vote today. what are your thoughts on this move? it's an opening salvo. various governments have been talking for years about how amazon, facebook, google all of these companies make a lot of money through online sales and advertising and root their sales through low tax countries and don't pay taxes in countries and don't pay taxes in countries li

of kilometer walk from the border to as america and to a u.n. refugee tent financed by the italian interior ministry from here the expulsed get loaded onto trucks and deported back to their home countries. the journey through nisha is 1400 kilometers. we followed the convoy. managed for hit by a sandstorm it took us 3 hours to cover 100 kilometers at dusk we reached the couple of. media is the 2nd poorest country in the world with a per capita income of just $27.00 euros 80 per month women give birth to an average of 7 children giving these year the world's highest birth rate in unemployment is immense and now ninja is supposed to stop migrants who want to go north with the help of 1000000000 euros the e.u. is to provide an aid through 2020. interior minister mohammad is proud of the cooperation. that right now there is no state in libya. meaning malaysia air is in effect currently the border to europe. as have you won the fight against clan to stand migration securely. you can't win this fight for good. but we've had a lot of success much more than you can imagine. critics like human rights activis

ordinance to amend the ministry to code to establish the cooperative living -- living opportunities for mental health loan fund and the mental health program to finance the acquisition oftial properties operated as communal housing for people with chronic mental illness and/or substance use disorders. >> colleagues, can we take this item same house, same call? without objection -- oh, i see supervisor safai. >> sorry, you are moving so fast i almost missed it. colleagues, i am in support of this amendment, this legislation today. i think it is very thoughtful. i wanted to add my name is a cosponsor, but just speaking to the sponsor of the legislation, i wanted to add one small piece of language on -- i am proposing an amendment on line 23, page 5 that would add the ability that there would be an appraisal of the property done before any purchase of the property, so that would just be four words after the word -- start with the program regulations shall address matters such as programs and fund administration, public and competitive processes to apply for loans, compliance with applicable laws and regulations, appraisal of the property affordability restrictions for the

financing and funding what could be improved today. well i was 14 at the time so what he says resonates with me very much part of the problem and the ministry of defense has brought this up recently the real problem going back to the moon is never did rocket science is we did that 50 years ago and other people are doing it it's political and can you maintain a program for enough years justify the expense to congress and you know go through elections and still have the next administration want to support something and there's a lot of risk that goes with that that soften political risk so you know i guess what we've also learned now is that why is it so hard to do something now that we just 50 years ago and nobody quite has the answer this is the 3rd time in the past 30 years that we've tried to go back to the moon i hope it's the last time i hope we do go back but only time will tell yeah and are you concerned about the militarization of space certain that we had the u.s. president in the vice president recently saying we're going to go to the moon we're going to go to mars and at the same time announcing the creation of space force which i