u. s. business on b? it's a hard to say at this point right now we're falling reporting from the wall street journal and the for sale is being considered by the very powerful u. s. committee on foreign investment. there are several different representatives from different parts of the government that are part of this committee. and right now, the pentagon and the justice department are pro forcing the sale. they say that there's a potential security risk by allowing beijing to have access to so much data on so many americans. but the treasury department representative on the committee is opposed to it. they say that such a for sale could be challenged in court. and so they're trying to find a different solution, but this idea of a for sale while speculative right now comes as 19 of the 50 us states have passed partial bands on the use of tick tock on government phones and computers. so this is something that's picking up steam of the u. s. a. the big spending bill that's coming out of the u. s. right now t

u. s. business, at least of tick tock go to an american corporation. so right now, the idea is to put the user data from american users and we're talking about officially a 100000000 users here in the united states alone on a cloud server from the usa company. i'm oracle, so there could be more regulation, there could be a been, or there could be a cell of or the u. s. m, entity of tick tock. so, but something i guess will and it has to happen. right? well again, thanks for that update and have a happy christmas chat g p t is taking the world by storm. the chap bought developed by open a, i uses a large language model to answer questions and complete tasks. what's what a lot of people worried is just how good it is that a range of tasks from brightened letters to checking developers code to even programming games. so i decided to give it a try myself. let's take a look. first ask it to pitch me a sick. com set in eighty's, west berlin. it came up with the characters and an outline of the story all by itself. and i asked him to write a scene with a few

u. s. business. that new stuff, tick, tock, go to an american corporation. so right now, the idea is to put the user data from american users, and we're talking about officially a 100000000 users here in the united states alone on a cloud server from the usa company. i'm oracle, so there could be more regulation, there could be a been, or there could be a cell of, of the u. s. m, entity of tick tock. so, but something i guess will and it has to happen. right? well again, thanks for that update and have a happy christmas chat g p t is taking the world by storm. the chap bought developed by open a, i uses a large language model to answer questions and complete tasks. what's what a lot of people worried is just how good it is that a range of tasks from brightened letters to checking developers code to even programming games. so i decided to give it a try myself. let's take a look. first, ask it to pitch me a sick. com set, an eighty's west berlin. it came up with the characters and an outline of the story all by itself. and i asked it to write a scene with a fe

u. s. businesses have simply stepped in as the u. s has asked europe to cut trading ties with russia, and instead american companies have stepped in. and so it's, it's like in the, the american empire forcing, it's a vast souls to rely more and more on the empire itself, even though the west cannot fully supply and cannot in time supply these energy needs. and of course, at a much higher price. so it's a huge price to pay for europe that benefits america. we've also seen that often. now, what's going to happen is that some other suppliers, whether in the middle east or elsewhere, or, you know, or in asia, will import energy from russia and then sell it on to europe. which is another crazy exercise. it also seems that the recent deal that germany made with a gulf state to receive energy supplies from 2026 has to be done through an american company that's going to actually ship this to, to germany. and so we see there's, there's clearly american business interests, profiting from this and really is the seems to be the end of market econ

u. s. business assets from individuals. because those countries disagree with the practices and policies of the u. s. government, and i don't know what we're going to get in terms of our return on investment. as the president to lensky tries to term it for the billions, the 100000000 or so. but it didn't, you crate. there will be no return on investment for american taxpayers. it will not be repaid. steve, gil, taken us to the end of this news block, but stay close because another fresh lice of cross talk action is coming your way and moment. notch ortiz debate on discussion. show next, and i'm back at the top at all. this story is affecting your world today. ah, ah, ah, ah, in lieu the joggers archipelago. homer, the jo, san diego garcia, the largest island in the archipelago is now the location of a very large u. s. military base, you get given med, div i to the u. s. government to make a military base and just deported all of the juggle send people from their country . so they call it return back on the island. no, but w

u. s. business assets from individuals? because those countries disagree with the practices and policies of the u. s. government, it is lightly illegal. it is certainly immoral and it is just definitely wrong to think that we're going to somehow repay american taxpayers with money stolen from private individuals who are simply business people tied to russia. well see if he's not, she's saying lindsey graham is actually saying by he saying that, but we cause we need that. we want to give me thea crane. we will kind of run out of taxpayers money. we need to steal or we need to borrow. i didn't know what the term legally, they gonna use a freeze these assets, as you said, of businessman the not connected to the crime and maybe of you know, for, to talk or as any other businessman as ala must, is connected to, i guess, joe biden. but i mean, these are businessman doing what they do, and here they are, they don't connected politically, is what i'm trying to say. and here they are being, you know, that the boat so that property b

u. s. have carried out a high profile prison, a swap versus business. when victor boots, he was convicted of alms dealing charges in the u. s. has been handed over to moscow. and that's an exchange for american basketball star. brittany greiner, who was sentenced to 9 years in a russian prison for drug trafficking. moscow had been pushing for boots released for years, but washington had declined to consider the move until now. let's discuss this with russia lawmaker maria booth, who helped negotiate the salt deal. maria, thank you very much for joining us. well, i guess for all this short notice, i guess this is expected for you. can you just tell that is a bit about the details of the agreements? how difficult it was to broker on about the significance of it, please. while you can see how difficult it was in the situation and there how the united states treat russia today in russian citizens, me personally have survived through one and a half year old us prison being found guilty without guilt. so i do understand what it means. however, i should say tha

u. s. africa business forum. so these are huddled discussions involving heads of state from africa, u. s. government officials, business leaders. so for example, we just have the leaders of angola and algeria talking about how they're diversifying the energy sources away from fossil fuels for, for example, it's all pretty general stuff. it has to be said. tony buncombe, the secretary said, will be addressing this forum in a few hours time. everything is leading up to joe biden, speech in a few hours of for kimberly will have ward what he's going to be saying. but biden himself isn't having any bilateral meetings which hasn't gone unnoticed by delegates here and said we were told he will be having what the white house called substantial little moments, various leaders on the sidelines of the be the forums here today. and on serve day by lincoln, however, seems to be working his way through the heads of states who are here. we're getting very general readouts about what those discussions are. we were told in broad terms, there from the white house and the state department that the main me

i mean, when we see the business trades that the us wants to continue, i mean, it's sanctioning a lot of countries around the world because none agreeing with the u. s. policies as states today is narrowing. is field to do business international yet. so the u. s. it is dig itself into a corner and we see the country is increasingly isolated on the international stage . more and more countries are citing with russia with china, major company, major countries, obviously india. so in the middle east is solidly behind russia in china. i mean, the u. s. has lost the middle east because of all the horrors that committed atrocities commit over the past 20 years. south america is up for grabs. africa is leaning more towards russia. so, despite the american prop, again, which says that, you know, the world is with us against russia and china, but that's just absolute nonsense. it's like the fact is that the u. s. in its allies are increasingly isolated. the world has woken up and they're sick of being bullied sick of the scams are sick of the lies. and we're good. we're now going to reap a bitter harvest of all the horrible things you've done or the past 25

business. welcome. u. s. regulators have ordered banking colossus, wells fargo to pay $3700000000.00 in fines and customer refunds. it's the largest fine. the consumer finance regulator has ever slapped on a bank. wellsfargo has spent years dealing with a series of scandals tied to its sales practices. executives have repeatedly said the bank was cleaning up at the fact, but the fines have kept coming. who better to talk about this forest against quarter on the new york stock exchange against the settlement covers a lot of different allegations. so what was wells fargo accused of? yet any and wells fargo by assets is the 4th largest them, us bank, and the allegations are pretty, a rough. so according to the consumer financial protection bureau, consumers were illegally assessed fees and interest charges on auto and mortgage loans. had their cas wrongly repossess that had payments to order and mortgage loan, so misapplied by the bank. so some of that misconduct happened years ago, but some, as recently as thi

this is due to be a business on robots in berlin. welcome to the program. u. s. president joe biden has sought to allay e concerns about trans atlantic trade during a visit from the french president and manuel mack wrong warned that president biden's inflation reduction act threatened to remove the level playing field for european firms. legislation offers support to u. s. producers of computer chips and renewable energy tech. you says that as a result, european businesses will suffer. molina joint press conference between the 2 presidents, joe biden, stroke a conciliatory note. so there's tweaks that we can make. note can fundamentally make it easier for your opinion. countries to participate and or be on their own. but that is something that is a matter to be worked out. there is no fundamental that was never intended. my road to legislation never intended to exclude folks who were cooperating with us. that was not the intention. well, it's close to our correspondence in washington, mikaela mikaela, a biden appeared to suggest the inflation reduction that coul

u. s. congressman and president of the cat business council. scott tighter. that's got your role is all about growing business relations between cats are i did, i could cite how much is this? well, cop played a part in that. absolutely it's. it's great to be with you, of course. and everyone watching like our, our organization, the u. s. cut our business council is the premier bilateral tre group between our 2 countries. and that is, as you said, we are challenged with creating more business and the end this world cup. it just shines a massive spotlight on cut our and it, it, it allows for our us businesses to, to see what's going on there in the country. all the excitement that you know, you just play, you play that commentator which was fantastic, super, super excited. but it makes our role a lot easier because it shows that spotlight there. also, of course when you had his highness, whereas saudis scar when they won that match. now that you see nbc shake mohammed the leader of us, he headed over there. you have the soccer diplomacy, so it makes us companie

chinese restrictions on lithuania and legal recourse as for e u. patent holders are highly damaging to european businesses. and major u. s. retailers are warning that shoplifting is becoming a growing problem wal mart, target and best buyer. among those who say thefts are soaring, a recent study in the states claimed that stolen stock had become a $100000000000.00 problem. let's discuss that one further with our financial correspondent at the new york stock exchange. he ends quarter these shoplifters, yann's, what are we talking about? we talk about individual opportunity opportunists, even or is this is an organized crime thing. well, at the end of it, both. but if you look at the target, for example, the management is talking about organized gangs and talking about the target they're saying are claiming that they will lose about 400000000 dollars this year because of the theft. and if you look at the overall a number that is an increase from last year, i have not seen so many reports this year around about flash ups like last year before the christmas, where dozens of people, what a storm some retail store stores that

u. s. federal lawmakers have approve legislation to prohibit a railway workers from conduct labor strike president joe biden has backed that decision as a nationwide railway. busy protest could cost the u. s. economy up to $2000000000.00 per day. are these kind of warping as the story? well, essentially, this bill would outlaw a potential upcoming strike. i would forest the railroad workers unions. that's 4 different unions that represent 55 percent of railroad workers in america. they would force them to accept a contract that they have already rejected. now, the onions themselves are saying that they will go on strike anyway, regardless of whether or not it is illegal, but the biden administration has long presented itself as a friend of organized labor to no, you've heard me say many times i intend to be the most pro union present in the most pro union ministration, american history. i try credit the white house task force on worker organization and palmer to make sure the choice to join a union belongs to workers along union is, are more fed, more support today in america, and public opinion than any time in 60 years now. that's joe biden. the u. s. preside

u. s. green energy subsidies program. the european commission president ursula vaughn de lines that the tax breaks and america's inflation reduction act could lower away european businesses. u and u. s. officials will discuss the topic on monday as picture today and that a russian human rights advocate and nobel prize winner says they can be no to pro matic end to the war in ukraine. as long as that any of hootin is in power. irina schwabacher cova was receiving another award for her activism from german chancellor own of shells. she said that hasty colds for peace or childish, and ukraine must win the battlefield. her sheepish. now if volcanic eruption in indonesia is main island of java has false nelly, 2000 residence to flee their homes, people are being warned not to travel with an 8 kilometers of mount scenario. and can no casualties have been reported so far. the volcano last erupted a year ago killing more than 50 people ah, the eruption on mount, samara, sent people nearby, scrambling for cover on indonesia, most densely populated island. they grabbed what belongings they could before setting off through ash covered roads and villages hoping to outrun the follow

u. s. a green energy subsidy program. european commission president ursula funder line said that the tax breaks on americas inflation reduction act could laura way european businesses e when u. s. officials will discuss the topic on monday that i speak here today. in syria anti government protests have ruptured in the southern city of slater. a protester and a policeman have been killed by gunfire after demonstrator stormed the governor's building. more than 200 people gathered outside to protest against economic hardship and called for president basha on the side to step down. italian authorities in ne sicily have declared a state of emergency after heavy rains caused major flooding. there had been power cuts, public services and schools have also closed. some residents have been evacuated from homes, thought to be at risk of lance lives in china. more cities have announced that they are eating co 19 restrictions, including the financial hub. shanghai authorities have signal to move away from strict locked downs and quarantine rules after widespread protest at the the police are out in force on beijing straits. it's been awake since hundreds of people gathered her

and that it wouldn't use the liter summit to lecture nations about doing business with us rivals, china and russia. the u. s. does one to expand its footprints in africa? and joe biden uses address of the summit to make the argument that the u. s. and it's corporations will be a great business partner with african nations to ensure mutual success and united states is committed to supporting every aspect. every aspect of africa is inclusive growth in creating the best possible environment for sustain commercial engagement between africa, companies and american companies. united states is all in an african future. the 2nd day of the summits, or several hours of paneled discussions about the potential of us african traded investments. but everyone here is aware that china has passed us by a long way in business and strategic partnerships. and that the u. s. is not thrilled with those investments. what the nations here have been making clear is that they will not be beholden to any power as they look to the future. the president of the democratic republic of congo using a photo opportunity to quietly criticize

u. s. is absolutely has no interest in peace and diplomacy. busy negotiation, they are all about aggressive us war planning. they want nato expansion official or unofficial. ok to an issue. familiar to many right now. employees of the european central bank have been left fuming after authorities rejected their demands for a pay rise to keep up with inflation. we're not happy with inflation in germany and the euro area likely around 8.5 percent this year. a lack of a pay rise means a substantial loss and push send power. this is damaging workers morale and also their trust toward the institution. well, the workers wanted a pay rise of just over $4.00 per cents, but the current inflation rate in the use largest economy, germany has been ported out or on twice. that's a mine's big difference there at the end of the graph isn't there earlier? my colleague peter scott, spoke with financial a technology entrepreneur, chris ems who noted that the same institutions, namely punks, which essentially created inflation in the 1st place. are now the one sufferi

business on robots in berlin. welcome to the program. the u. s. has announced a range of new measures targeting people and businesses linked to china. iran and russia, among others, those sanctioned, include a group of chinese companies, accused of illegal fishing and human rights abuses in chinese waters. several russian officials are also being blocked from the us financial system over their involvement in sham referendums. and if i to frame washington's announcement came on the same day as the you froze, 19000000000, your is worth of assets over russia's invasion of ukraine. more on the us sanctions, less cost to the states and to our financial correspondent. yes. quarter. yes. what is the message here coming from the us treasury, particularly with the sanctions over the chinese companies in their practices? there are, that's what i just want to mention. let's start with china 1st. the official wording is that the u. s. is just fighting corruption and serious human rights abuses. but clearly, i mean, this is the big rivalry between the 2 biggest

u. s is absolutely has no interest in peace and diplomacy. busy negotiation, they are all about aggressive us war planning. they want nato expansion official or unofficial case. something may be familiar to many of you watching employees of the european central bank, helping left fuming after authorities rejected their demands for a pay rise to keep up with inflation. we're not happy with inflation in germany and the euro area likely around 8.5 percent this year. a lack of a pay rise means a substantial loss and push sent our this is damaging workers morale and also their trust toward the institution. but i want to show you here and, and use wall just exactly what the situation how it stands, because the workers, one to the peer rise of just over 4 percent, but the current inflation rate in the use largest economy. germany look at this, approaching 10 percent more than twice that number, such a difference here throughout the years as well, isn't there? earlier? my colleague peter scott, spoke with financial technology entrepreneur, a chris ems who

business beyond a is the federal reserve taking a step back. the u. s. feds latest interest rates rise is the lowest type in months . so is it winning its war on inflation? and also on the show, how you in tech workers are keeping their high t sec to running even from a far as a state of a business on robots in berlin. welcome to the program. another month. another rates rise from the u. s. federal reserve, but december hike signals. a change in gear rates are going up by half a percentage point somewhat less than a 3 quarters of a percent increases following the previous for fed meetings. it's just a cooling in the central banks, all our war on inflation and follows data suggesting price rises, slowed in november. however, the fed has indicated further hikes are still on the way well, let's cross over to new york and to our financial correspondent, yann's court and discuss this bit further. yes it, was there anything surprising really in what we heard from the fed up i, i would say there were a couple of things that were quite interesting. i mean, 1st

ties at the same time or their german businesses. large multi nationals that benefit from this legislation which incentivizes companies that are settled in the u. s. i'm thinking of volkswagen. i'm thinking of siemens isn't because of their benefit as well. now look for german business. there are certainly a number of companies that will be able to use the legislation and make, make use of it. and in general, german businesses are very happy that the united states also takes a stronger approach towards climate mitigation measures to measures to fight climate change. because so far it's been mainly that you moving ahead and creating issues of light level playing field because other countries weren't following that much. but this is a big issue. florida for the competitiveness of germany as well as other locations and with in europe. there are many, many companies that will not be able to move that to fulfill these are local content requirements that seem pretty much illegal according to w g o regulations. and there is a big fear that it will create a global race of subsidies and which will in the end create a lose lose situation for everyone. and

u. s. government has one turkish businesses against her working together with sanctioned russian institutions and individuals. they have even threatened punitive measures against ankara. a turkey has not joined western sanctions against russia. i should mention to the contrary. the trade volume between turkey and russia has more than doubled this year compared to 2021. turkey has become a safe haven for russian companies, for russian citizens. both are crammed and critics and supporters. the turkish government is also seeking a discount on a russian, a gas now and are these warnings from western capitals, warring ad one? do they impress him? this is of course, another questions. another question we have elections crucial elections coming up here in turkey in a few months time. that will determine the political survival of president edwin observer. say he needs the financial support of letting me put in. so it's likely he will try to protect his ties with russia. ok, julia han dw correspondent in istanbul. thank you. now in china, business owners, see they are struggling to make ends meet thei

begin with news of a high level prisoner swap between moscow and washington russian business men. victor boots in u. s. custody for a decade house to return to his homeland. he shared some of his thoughts after landing at an airport in the capital. earlier. i was awoken in the middle of the night and told to get ready. no additional information was provided. the most important thing is that i got their the cabbage was sentenced by us authorities back in 2012 to a quarter of a century in prison on allegations of arming terrorists confers thing to kill. american citizens, though he denies, has always denied all those accusations moscow, indeed face this case was politically motivated. mister bruce will exchange for american basketball player brittany griner. he had been convicted of drug offenses in russia. the swap was conducted in the united arab emirates. after months of negotiations, the release mom's family was elated. the news of his return. not just the city, of course, we always had at home for her was returned home all these years, especially in the last 6 months when information began to surfa

u. s. africa business for him. really getting in to get several hours of discussions about trade investment, agribusiness, the digital future, us secretary of state antony blink. and we'll address that about in a few hours. then we got the, the biden speech, and then we have a dinner at the white house for the head of delegation. and joe, by know, bilaterals between joe biden and the various heads of states here. but we've been told to expect quite substantially of little moments between biden and the various leaders as will be the trauma offensive that we'll see presumably out before him at the dinner by the will be at the leaders for him on thursday as well. the bilateral school to secretary of state lincoln, as far as we can see, for a schedule, he's been working his way steadily through every delegation. we've got very, very general readouts about what was discussed. we have the broad parameters of the message when we're not asking you to choose, we're going to give you $55000000.00 for africa over 3 years. wee

u. s. congress and provided to ukraine. meanwhile, if one looks at the. busy polls the u. s. public isn't deeply concerned about you. ukraine just isn't showing up among the top issues that americans are concerned about. americans are concerned about inflation, the economy. they're concerned about the danger of war. but this notion that, that ukraine and sending weapons and a do grant is one of their top concern, doesn't seem to be a priority. but regardless, we'd now's the binder administration on the brink of essentially turning its back and really doing significant damage to one of the strongest allies, the labor movement, taking away the ability of railroad workers to withhold their labor and go on strike. meanwhile, when it comes to ukraine, an issue that americans have just shown in poll after poll after poll, that they aren't deeply concerned about. we've seen the bible and ministration. never show any restraint and go ahead and provide whatever is asked for whatever is needed in a conflict that most americans just aren't interested in. well it may be approaching the

busy other countries that are involved in the dat issue the united states is trying to do. ready to alleviate to the international financial institutions, but the u. s. is basically involved in grant. busy programs that's why i emphasize $11000000000.00 just this year or monetary and assistance. no other country in the world, even approaches that kind of a ok. i know we'll come back to 1st bonds in just a moment. i'm aware that we have not heard from annette. cathy for a while, i want to get an idea from you, and i can't say whether many african countries do feel that they have to choose between china and the u. s. well, i think that is that a, you know, in the context for ukraine. busy been extraordinary pressure years, not just with china, with russia logs, and you know, that's fair enough. each, each country has its own interest and the way it has to really, you know, to achieve those interests. and so the u. s. has it positions on these issues, but the trends also have their own and they don't necessarily show all the sort of interpretation of what's going on in that international route. i did want to just pick up on some of the points that were

u. s. has in mind and a lot of it will be. busy dictated by the role of the private sector in the united states, which is so critical in the if you can, the trade and orange. ready investment area on each other, the cache is the $49.00 countries attending each of course will have its own wish lists. but broadly speaking, to these topics, ring true with the leaders of african nations as well as what they're hoping to get from the summit. i think it's always been clear, part of the reason china is made in the afternoon. so interested infrastructure development. very interested in the kind of transformational change place in china and the last 5060 years. that's really gender, that most of them are going to engage with what they have had in over the last 3040 years from the us. you know, generally sort of structural adjustment lectures on human rights and got very little investment in kind of infrastructure that they've been asking for. and then also a lot of focus on 911 on security or you know, basin and that and defines again, sort