has already received a loan from germany's state development bank to one of the biggest travel groups in the world turning a profit before the pandemic. for more i'm joined by political correspondent find many young find out how important is to be for the german economy. well. one of the world's largest travel companies. is the world's largest travel company certainly the largest in germany that explains only. 1.8000000000 euros in state loans. prole the 1st law german company. 1000 employees worldwide 10000 of them in germany and they have the revenues. of 18000000000 euros or more so it's a company with a proud history it's very important for the german economy they are the 1st. evidently wasn't enough how far is the german government willing to go to save the company. yeah that's the big question and it's hard to know of course if the travel industry will ever get back to where it was before the corona pandemic it may be that in future the travel industry is just a much smaller part of the economy than it was before i think where the german government is focused on jobs 2 he's alre

the commanding of the bank, the oil firms, many industrial firms remain state owned. a powerful leader to execute on development objectives and on management. on development objectives china's leaders can direct state banks and state firms to acquire technologies and put these technologies to work at enormous scale in the chinese economy. bringing china closer towards the productivity frontier. on management of the economic cycle, china's leaders can correct the hold onto their workers and to invest when private firms become more cautious and that is a powerful tool for cushioning recessions. the state sector is big, state sector is inefficient but by focusing only on the negatives we missed a crucial role in the china state sector plays as a driver of development in a private tool that the economic cycle. the last area where our focus in terms of thinking about china is only on the negatives in the midst of some of the positives is on china's media term prospects. so when we think about china's prospects we tend to focus on you stumbling blocks that china faces. the working age population is shrinking. there i

the economy, the commanding banks, the oil firms, many large industrial firms remain state-owned into that gives a powerful leverage they can use to execute on the development objectives and management of the economic cycle. on the development objectives, china's leaders can direct state banks and state firms to acquire technologies and put those technologies to work at enormous scale in the chinese economy bringing them closer to the frontier. on management of the economic cycle, the leaders can direct the state sector to hold onto their workers. the state sector is big and inefficient. it's a powerful tool that can be used to manage the economic cycle. >> the last area that i think our focus in terms of thinking about china. what we think about the media in terms of the prospect we tend to focus on the few stumbling blocks china faces, the working age population is shrinking. there is a middle income trap perhaps they would be able to innovate and a trade war that may block the access to the global market. of these things arthese things e are real problems but they also have some significant positives working. they are so obvious. when he wrote his book t

commanding heights of the bank, the oil firms, the Ãbmany large industrial firms remained state owned, and that gives china's leaders a powerful lever which they can use to execute on developmentd on management of the cycle. on development objectives, china's leaders can direct state banks and state firms to acquire technologies and put those technologies to work at enormous scale in the chinese economy. bringing china closer to the productivity frontier. on management of the economic cycle, china's leaders can direct state sector to hold onto their workers and to invest when private firms have become more cautious and that is a powerful tool of avoiding or questioning recessions, the state sector is big, the state sector is an efficient but by focusing only on those negatives we miss the crucial role that china state sector also plays as a driver of development and a powerful tool that can be used to manage the economic cycle. the last area where i think our focus in terms of thinking about china focuses only on the negatives and miss some of the positives is on china's medium-term great prospects. when we think about china's mediums prospects we tend to focus on a few stumbl

in europe and the united states is being going absolutely flat out on these banks in development since since the coronavirus pandemic became an issue and we are still have only a few sample vaccines and what we call phase 3 clinical trials i think there's 4 vaccines now of phase 3 clinical trials and this means are we a large number of people with a vaccine a large number of people with the placebo and then we see how that happens now the simply has not been enough weeks and months of past to do such a study in right so you're sure it just you just haven't been the time or it's perhaps been rushed in russia for. character well you're wondering how is any question about this is the sort of the level of reassurance and validity and safety testing and efficacy testing that we would expect in western countries for a new drug or a new vaccine to come on line they simply has not been the time to do that good talking to you that's very clear thank you so much john campbell health analyst and educator. well the coronavirus pandemic has changed the lives of students parents and teachers around

bank of england. >> we are still tracking developments state side with hurricane laura after the storm made land fall with 20-foot storm surges to batter the coast. more after this. my name is joe researcher at amazon.m a se climate change is the fight of our generation. the biggest obstacle right now is that we're running out of time. amazon now has a goal to be net zero carbon by 2040. we don't really know exactly how we are going to get there. it's going to be pretty hard. but one way or another we're going to reduce our carbon footprint to net zero. i want my son to know that i tried my hardest to make things better for his generation. you say that customersknow make thelet's talk data.est only xfinity mobile lets you switch up your wireless data whenever. i accept! 5g, everybody's talking about it. how do i get it? everyone gets 5g with our new data options at no extra cost. that's good. next item: corner offices for everyone. just have to make more corners in this building. chad. your wireless. your rules. only with xfinity mobile. now that's simple, easy, awesome. switch and save up to $400 a

state. it is, it is a remarkable achievement. and the israelis forgoing further development on the west bank, it is, it's significant, it's substantivereement perhaps with the, all of the arab states. >> it does. and, lou, it's important for your viewers to know israel is not surrendering their sovereignty over this area at all. what they are doing is suspending the annexation of the west bank temporarily so that they can forge a relationship with the uae and present a united front against iran which is a tremendous threat in that area. lou: i want to turn, if we can now, to owe biden who is now taking on the mantel of a god fearing man and just get your reaction to the democratic ticket. we've got about 30 seconds. >> well, look -- yeah. this is the most pro-abortion, pro-anti-religious liberty ticket in history, and if you are for murdering babies who are fully developed in the womb, if you are for jailing nuns like the little sisters of the four who object and other groups, you will love the biden/harris ticket. but their election will be a nightmare for america. lou: pastor robert jeffress, always good to see you. we're coming ri

caribbean state to trenton to bank and president being famous for its spectacular conduct putting 2017 we reported on a more sinister reputation it was then developing as the nation with the highest group and right to ice in the western hemisphere so what happened to the young trinidadians who went to join islamic state for this updated episode giuliana rufus has been finding out. just in the euphrates in minus one degree. same crowfoot has just bush to prepare for prayer in syria the year is 2013 and cruel foot is believed to be the 1st islamic state recruit from the caribbean island of trinidad and tobago. everybody but one by one here. and this is cruel for its best friend for. seen here training snipers in a recruitment video made by islamic state all eisel. according to government estimates $13020.00 data including women and children have since joined crowfoot and was stuff in the middle east. this makes trinidad the highest per capita contributor to ice all in the western hemisphere and some experts think up to 400 people may have gone. but these happy images of schools that i saw said they ran were only one side of the story. was a trait of a

city prime bank says value is now to be overweight any developing market excluding the united states. is a chameleon. anything could be a value depending on how long it's been beaten down. she points out that our seasonal factors because of election trends over the past 25 years show that value has never trailed growth into and after any election. alix: probably help from fiscal stimulus and the first 100 days. for more on value investing here is the man who has been doing it for decades. also the author of a new book, "common sense: the investor's to an and growth." how do you look at where we on the precipice of value versus growth? an interesting question. it depends on how you define value. pay a lot less. under that definition of value, it will never go out of fashion. that is what stocks are. , the way youalue are describing it, is low price sales investing. beaten-down stocks based on certain metrics. while that has worked over decades, doing something simple like that, it hasn't worked in the last dozen years or so. it has gone on steroids to the point that in the past five ye

century isd out in a modern setting that it certainly didn't develop just because the suddenly china is strong. the bank of japan into the united stateswere still fighting and us were missing over world war ii what is clear is that no one has settled the problems that that is the biggest reason we have. asia cannot figure out how to get past these things whether it is the south china sea, east china sea, borders on land not just china but japan and russia, cambodia and thailand. it's a whole bunch of different nations but clearly it is the assertiveness of the parties desire to be seen again as a hegemon and the concern is eventually the flashpoints can multiply. you can lose control of the situatiosituation but ultimatels a scenario that i talk about in the chapter and the future history we should be worried after decades of economic growth and political innovation and had even more conflict than it did before. >> there were questions of what is driving this from an emotional perspective and aspirational perspective, this kind of behavior, what do they really want, what is this the agenda of the national rejuvenation and how do you s

caribbean stated trying to hack into bank and president being famous for its spectacular conduct putting 2017 we reported on a more sinister reputation it was then developings the nation with the highest group and right to ice in the western hemisphere so what happened to the young trinidadians who went to join islamic state for this updated episode giuliana rufus has been finding out.

relationship, unprecedented development in the history of israel and the gulf arab states and part of the agreement, israel will temporarily suspend plans to annex parts of the west bank global affairs analyst erin david miller joining us right now, a senior middle east negotiator in the state department during both republican and democratic administrations, and you and i well know, we covered this for a long time. certainly isn't the first peace deal in the middle east between israel and arab state. i remember i was a young reporter back in 1979 when israel and egypt signed a peace treaty, establishing full diplomatic relations, still in business. i went with president bill clinton to jordan in 1994 when israel and jordan signed a peace deal that still remains in effect. how important, how significant is this one, erin, between israel and the united arab emirates? >> you know, i think it's really interesting, wolf, the diverse reaction. a lot of people touting this as the greatest historical breakthrough since the invention of the seran wrap and then others saying it's a betrayal of the palestinians and a step backward. as usual, wolf, the answer lies somewhere in be

development, jeff? >> well, it's a very big deal. because it means there's a second criminal investigation of the trump organization in new york state. here you have this banktion. but this is entirely separate from the manhattan district attorney's investigation, where they, nevthey are on the verge obtaining the president's tax returns and financial records from his account. so, you know, just because you are under investigation doesn't mean you have committed a crime or will be pros cuted. it is unnerving to say the least, to know, as the trumps have to now know that they are under a criminal investigation in new york state, under two separate cases. >> the new york state attorney general is asking the court to compel eric trump to be deposed, what does it tell you about the scope, where this investigation is heading? >> well, it's about the trump organization. it is not necessarily about the president himself because, you know, the trump sons are obviously very involved in, in the trump organization. you know, this is a common kind of investigation. when there's, for fraud. because if you submit false information to get a loan, from a bank, that is a cr

bank, which is a big deal, able to step toward achieving peace. -- a bold step toward achieving peace. israel and the unite states have agreed to accelerate scientific collaboration to developcines to defeat the china virus. virtually every country has been hit, 188 countries. and to save lives in the region and in the world. so they are working very much on the vaccines, also, with us. some great news is going to take place with respect to that. our unprecedented diplomatic engagements laid the groundwork for this historic peace agreement, which was announced a little while ago today. we will not rest as we continue to work toward a world of greater harmony and prosperity for all. i want to thank prime minister benjamin netanyahu of israel and crown parents mohammed bin syed of the united arab emirates, two fantastic people, for their leadership and vision. i look forward to hosting them at the white house soon to formally sign the agreement over the next three weeks. they will be coming to washington. that was a tremendous day, a tremendous thing that happened. . great sign we have a lot of other interesting things going on with other nations, also having to do with peace

bank casino types. but as it relates to sports betting, as the state begin to develop their legislative proposals they recognized the important oversight and roll the wire act played. mobile betting to the degree that it exists in states is interstate and uses geo- fencing to ensure that it complies with that. >> thank you. senator blumenthal. >> thanks, mr. chairman, and thank you to both of our panel members today and sorry about the delay in reaching you. i want to ask both of you, and i know you may not have numbers for statistics or real evidence, but how big a danger is match fixing among students sports in realistic terms? >> thank you, senator blumenthal. i don't know we can quantify specifically how dangerous it is or how prevalent match fixing is. but i would say the more permissive it is, or mrs. gambling on college sports is, the more opportunities there is to do it, and the more temptation there will be. i look at my career, it would've been hard to get access to student athletes for gamblers in the past as well. a link outside facilities. they hang out after football game. they are outside the aren

states. as ceo he leads the boston fed's , work which includes economic research and analysis, banking supervision and community economic developmentivities, and a wide range of payments, technologies and finance initiatives. ms. lauren anderson serves as senior vice president and associate general counsel of the bank policy institute. in this role she oversees the bpi's advocacy across a range of domestic and international issues. she brings over a decade of experience in financial regulation and oversight, serving as senior advisor at the bank of england and before joining the bank of england, served at our fdic. mr. tom bohn serves as the chief executive officer for corporate growth. it serves 90,000 investors, executives, lenders and advisors to the growing middle markets of companies. prior to joining acg in december, 2019, mr. bohn served as ceo of the north american veterinary community where he saw unprecedented growth. mr. vince foster serves as the executive chairman of the main street capital corporation, a position he's held since november of 2018. mr. foster previously served as main street's ceo from 2007 until novemb

bank that it's currently occupying. watch this. >> to joe i would say stop playing politics with the virus. we've entrusted the governors of each state elected by the people to developes and other policies. maria: biden is calling for governors to require masks in every state for at least the next 3 months. follow the rules, the director of the cdc says the united states could see the worst fall ever if coronavirus guidelines are ignored. dr. robert redfield is urging everyone to hear masks and wash hands whenever you can, social distance and stay away from large crowds going into fall season and flu season. police making arrests in the murder of 4-year-old legend, the boy was sleeping in home in june, you know that, ellis has been charged with second-degree murder. the case inspired the law enforcement initiative called operation legend which has now lead to more than 150 arrests in cities across the country. time for the word on wall street. look at what top market experts are watching and how they are directing your money. joining me wells fargo invest men i institute president, darrell, rosecliff ceo managing partner mike murphy and portfolio wealth adviser pres

states. leads the boston fed's work which includes economic research supervision and community economic development wide range of a payments, technologies and initiatives. ms. lauren anderson serves as senior vice president and eneral counsel of the bank policy institute. in this role she oversees the range of cross a domestic issues. of brings over a decade experience in regulation versite serving as senior advisor at the bank of england joined the bank of england served at our fdic. bohn serves 90,000 investors, executives, lenders growing ors to the middle markets of companies. prior to joining a.c.g. in bohn served 9, mr. as c.e.o. of the north american he rinary community where saw unprecedented growth. mr. vince foster serves as of the main irman street capital corporation, a osition he's held since november of 2018. mr. foster previously served as c.e.o. from 2007 until november of 2018 and erved as main street's president from 2012 to 2015. been a manager of the investment team since the formation. ain street capital offers capital solutions for lower middle market companies. gwen r final witness, mills. secretary treasure of unite here. with lls has been working unite here for 20 years. she served as political director was 20