and joining us now to go deeper is the host of economic update richard wolffe richard thank you for being here so let's begin with this what do you make of the effort here by the french government to completely overhaul the pension system you know the question the share that asked who will blink 1st will it be the government or will it be the unions. well in terms of what the government is trying to do calling it a reform or calling it updating or of simplifying that's that's just p.r. what this is about is reducing the pensions of the french working class they are among the best in the world they have been for decades and mr mugg crowell thinks that he can get the support of the business community in france which he may well be able to do by cutting the pensions in order to cut taxes on business the usual right wing proposals and that's why the workers are out in strike it was only a matter of simplifying or putting $42.00 systems into one and there were guarantees that it wouldn't hurt the people then they wouldn't be going out on the streets so what you see is an attempt by the mass of

trade is richard wolffe professor of economics at the university of m. hurst and host of the economic update professor wolf it is so good to have you here today. i want to i wanted to start with this trade deal between the u.s. and japan because i couldn't help but think about the fact that the obama administration had to go she did the transpacific partnership which did include japan but it was widely disliked by the labor community and members of his own party due to some not knowing what was in the deal due to fast track but is this deal to go should by president trump a better deal for the u.s. than the transpacific partnership. no the simple answer is simply no let me explain in the t.p.t. that was negotiated by obama which had a lot of problems it's not a question of liking it or disliking it when trump withdrew from that unilaterally the other countries didn't they went ahead and canada australia and they have very important in these meet and beef movements they all stayed together and that put the united states as an at a disadvantage because the

friday hoffenheim lost out on sunday to more matches to go clot can go back to the top with a take on wolff work and shall co-host frankfurt let's take a look at the table to see what's changed the bulls of life sick leave the way glaive city will need all 3 points on sunday to take the table lead back by or get a boost up to 4th but shoka could replace it if any champions if they win against frankfurt down at the bottom half have to berlin to help themselves by moving up to 38th but the teams below are too far behind on points time for the play of the day and the winner of this week's vote is felipe pickett seno with 47 percent of what you guys thought on twitter now take a look at this play here it is a beautiful lot for the president and his 2nd goal of the game a trick put as the goalies just aren't prepared for definitely his best performance for biron this season and his 1st. trickett knew that he still would loan from barcelona will buyers spend $120000000.00 to sign him permanently at the end of the seas it. out let's wait and see well that's all from us here on the but as they got

is guntram wolff, with us from brussels. good to speak to you.'m looking at twitter comments from somebody who until recently was a spokesperson for the prime minister, allison donnelly, saying this result makes a softer brexit much more likely. forou think there is room that to happen in the relationship with brussels? yes, i think the first point to make is that brussels is prepared to deal. there is a deal on the table and i think brussels now, i'm pretty sure, is looking to see that this deal is going to get ratified in the united kingdom so that we can move to the next so inof the relations, other words the united kingdom will leave by the end of january, and then the more disciplined part starts, which is crafting a new future relationship, and the real question here is, how close is that relation going to be? and how quickly can it be implemented? and that is going to be the main debate going forward. >> let's talk about how quickly. it took the canadians seven years in a very, very different situation, with the u.k. involved. in your esti

about this and a lot more i'm joined tonight from the highlands of scotland by journalist andreas wolff fundraises good to see use so we are coming off of that general election last week in the u.k. does nicolas sturgeon does she really have a mandate to push for another independence referendum in scotland. well brant it has been pointed out that the s. and p. only got 45 percent of the vote share in scotland in this general election and not all of the voters that would fit for the s.n.p. may support independence they may have wanted for their local m.p. because they like that a little m.p. but on the other hand the s.n.p. government of scotland and 1st minister nicola sturgeon pointed out that they had they previously had 35 m.p.'s they now have 48 out of 59 and because here in scotland and at the same time the tories the conservatives lost 7 of their 13 and he is so they think that that indicates that there is a change and voters opinion polls suggest that there still is a very small majority of people in scotland who oppose independence that are pro unionists however as we heard earl

china trade deal but could it all just be a charade richard wolffe host of economic update is standing by to bring us up to speed on the state of negotiations and later their stock is after the recent news that the u.s. government will back the company and its life safelight r.t. correspondent alex mileage joins this show from toronto to help us take a look at the big picture of the suit we have but time to get to the let's dive right in. and as we just mentioned boeing has fired c.e.o. dennis mullen burge amid struggles related to the ongoing $737.00 max saga board chairman david calhoun will take over as the aviation giant's chief executive on the 13th of january boeing board member lawrence kellner will take calhoun's post as boeing's non-executive chairman of the board effective media. atlee the news comes as the company has attempted to gain the trust of the public and global regulators following 2 fatal crashes of the 737 max jets which killed 346 people as we have previously reported boeing 737 max has been grounded worldwide since march .

is an abuse of sanctions so let's go deeper on this and other energy to bring you back and richard wolffe host of the economic update so richard let's be clear about what's happening here sanctions again as i said they're typically used at least that's what we're told right to deter bad behavior by governments that's clearly not what this is russia is not forcing germany to purchase natural gas and again germany is actively lobbying against this action by the u.s. and on top of all of that as brit pointed out this is part of a national defense bill what say you. well i think this is remarkable because it's a kind of tectonic shift a major shift the republican party and let's remember that what mr trump is the leader of now has traditionally been the against the government interfering in the economy the government is not supposed to pick winners and losers the government is not supposed to levy heavy taxes which is what our of so are there a kind of tax and yet here we see a government of republicans actively using government interference in this case particularly targeting a country that

to regain the trust he's lost and millions continue to go out into the streets to protest richard wolffe host of economic update thank you for your insight. thank you. we work is struggling to stay alive and reduce its massive cash burn operations in light of its epic failed i.p.o. and manisha range a $1750000000.00 letter of credit with goldman sachs that is in the process of being syndicated this credit lifeline as part of soft banks $9500000000.00 bailout which is not expected to be finished until the 1st quarter of 2020 until then we work will have to reduce its $700000000.00 per quarter cash burn rate in order to stretch funds and free up restricted cash now in light of we work family or that too many people signaled the peak of the unicorn i.p.o. bubble chinese competitor you commune formally known as your work is gearing up for a new york i.p.o. you commune is trying to biggest co-working company and seeks to raise $100000000.00 with a valuation at $2600000000.00 while bankers are questioning its decision to file so soon. after we work since i asked are you coming in claims to hav

china trade deal but could it all just be a charade richard wolffe host of economic update is standing by to bring us up to speed on the state of negotiations and later their stock is after the recent news that the u.s. government will back the company and its life safelight r.t. correspondent alex mileage joins this show from toronto to help us take a look at the big picture of the suit we have but time to get to the let's dive right in. and as we just mentioned boeing has fired c.e.o. dennis moe and berg amid struggles related to the ongoing $737.00 max saga board chairman david calhoun will take over as the aviation giants chief executive on the 13th of january boeing board member lawrence keller will take calhoun's post as boeing's non-executive chairman of the board effective immediately the news comes as the company has attempted to gain the trust of the public and global regulators following 2 fatal crashes of the 737 max jets which killed 346 people as we have previously reported boeing 737 max has been grounded worldwide since march and the company announced last week that it

. >> i have no doubt in my mind she was the innocence, claimed there was a reason michael wolff liedbout that happened while they were married. here came another odd story. earlier, you remember the one suggesting drug running on david's delivery truck. now a story about michael and gun running. >> i was putting away laundry one day and i saw a bulge in a dress shirt pocket. there was quite a bit of money there. when he got home from work that night, i confronted him on it. he told me that he was doing gun runs to haiti. >> barbara said she told the police about wolfe's alleged gun running. >> he got mad and even told a cell mate of his that that's it. >> you pay the price. >> yeah. >> interesting. wolfe hasn't commented. barbara's defense attorney suspected wolfe had a much more practical motive. >> he was offered a 15-year plea bargain to take 15 years and testify about whoever his accomplices may be. lo and behold, there was an option at that point to maybe get that 15 years back. that was his motivation. >> in other words, said barbara's attorney, wolfe would sell out barbara any

josephine wolff. >>> boeing's ceo is out after what could only be described as a disastrous year foro look at how the company plans to move forward and restore consumer confidence. you're watching msnbc. u're watc. granted. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ we don't see who you're against, through or for,rs, whether tomorrow will be light or dark, all we see in you, is a spark we see your spark in each nod, each smile, we see sparks in every aisle. we see you find a hidden gem, and buying diapers at 3am. we see your kindness and humanity. the strength of each community. we've seen more sparks than we can say. about 20 million just yesterday. the more we look the more we find, the sparks that make america shine. >>> boeing's ceo dennis muilenburg was fired this morning following more than a year of turmoil at the world's largest aircraft manufacturer. last monday the company halted its production of the 737 max airplanes, which were grounded after two crashes that killed 346 people. the company released a statement reading in part, quote, the board of

twice with ferrari chairman john elkan about a possible moves in 2021 hamilton's boss at mercedes toto wolff says he's totally ok with it he said i think this is a free world and i recognise that everybody needs to explore career options and make the best decision for themselves drivers and everybody else included hamilton's already won this year's championship but he still put everything into qualifying for the final race of the season in abu dhabi to hold positions ahead of teaming valtteri bottas and red bulls magic happen it's hamilton's 1st pool since the german quad prix in july. of course to end the qualifying season with a pole which has been a while when he had poor thing early on this year so i know it's been a special car and this is the last time i gets qualify with it so i'm glad we did it proud today. adult and is still one behind michael schumacher his record of 7 world titles one of schumacher is ferrari's was sold at auction in our dobie and someone paid quite a lot of money for it 5000000 are not a frozen at $5000000.00 i goodes $1000.00. just short of $6000000.00 it was a

>> do have the american form of english for wolff?we teach american english >> can you learn to talk to kids did you see saturday night live. it was duolingo teaching adults to talk to kids? >> do they have talking to management i have a real issue. >> they thoushould create a fute >> maybe for management, how to talk to talent >>> when we come back, trouble in the housing inspector and it has been a positive force for the rally. he surprising numbers after this >>> a surprisingly down beat forecast from one of the largest names in real estate diana joins us now with more good morning >> good morning. realtor.com, one of the nation's largest listing site says the market will slow down next year saying home sellers will remain on the sidelines causing the inventory to get even worse. dropping below 2% and that prices will flatten as millennials struggle to afford overheated prices. in some major markets, realtor.com suggesting that prices could go negative those cities including chicago, dallas, detroit, st. louis and san francisco. wi