Development monitors while neither japan nor the e. U. Directly framed the plan as challenging the belgian road mr juncker pointedly noted that the comic to the accord would develop a quote without mountains of debt that claim was taken as many as a subtle but clear allusion to increasing complaints from borrower countries regarding the debt burdens of belt and road projects. Japan also unveiled a new trade agreement with a night of states this week one that notably did not address u. S. President donald trump past complaints about a legit unfairness in terms of u. S. Japan trade on cars and auto parts the decision to accept some modest incremental progress for now leaves the auto issue to perhaps be revived in the future depending on the increasingly impulsive u. S. President here to situate that news and. The world is the car coach lauren fix. Welcome back lauren 1st you know 1st on this mini deal on trade that sort of sets aside the 2 issues the japanese Prime Minister says the President Trump assured him that he will not carry out the threat to impose 25 percent tariffs on japanese exports to the u. S. But with mr trump becoming increasingly erratic you have to wonder how much that pledge is worth is this deal just pushing off a flight until later what is the new status quo on autos between the u. S. And japan and how long will it hold. Well i think what were looking at is a negotiation were trying to get them to purchase more of our goods and services and in japan on the other side theres a 2. 5 percent tariff on all vehicles and auto parts coming into the u. S. You know we do have a very large percentage of our vehicles being sold here in the u. S. Are made by japanese auto makers some of which are built here in the u. S. And some of which are imported so one 3rd of the japanese tree is Auto Industry so its a very important industry to japan and it looks like that is going to stay in place that is section 232 of their agreement that theyre saying that this is not going to get touched and it looks like from what im hearing the auto motive portion will not be changed at all. So now theres an update on carlos gone the former c. E. O. Of nissan this week he was tangled up in the us by the f. C. C. And his trial in japan is still pending and his wife made some i raise in comments about the dark side of japan in relation to her husbands case so what got settled this week with the f. C. C. And did miss going point to an elephant in the room so to speak. Oh yes carol carol go and did have something to say it was really important noting how different executives were treated differently because carlos ghosn is not japanese he was treated to prison and hes not going to probably get a fair trial from what it looks like but when youre the c. E. O. And the same type of thing happened. I was told to step down so you know step down there was no prison time there was no additional penalties he just disappeared so obviously you can see theres 2 dramatically different treatments and this is an issue because carol go on is saying that of the money that is 140000000. 00 that was not shared with shareholders and how it was spent he didnt get any of it so we dont know this again this looks to me and it looks to everyone ive talked to in the industry is a coup to get rid of carlos ghosn because he was trying to merge 3 car makers into one which would make them a very powerful company but instead they disposed of him. And lauren in happier news on automaker partnerships toyota is reportedly going to increase their stake in subaru made a similar move to further develop their relationship with suzuki last month to woods to yodas play here and what is the dynamic is there a dynamic sort of driving this little flurry of corporate Auto Alliances. But when you have a corporate Auto Alliance what youre doing is saving money so toyota is substantially larger than subaru and suzuki but in sharing platforms with the power trains or technology it lowers the cost for everyone having a stake in subaru thats larger means that theyre going to have more profit margin allowing them to expand their line super is done really well here in the u. S. Lately they have had much expansion and on a global basis suzuki still there although they dont sell vehicles here in the us they sell off road vehicles so youre going to see more profit margin and thats really what the bottom line is now back to the legal and regulatory beat b. M. W. Is reportedly ready to take a hard line and refuse settlement of tartus from the e. U. Antitrust authorities the regulators say that a circle 5 companies colluded to block cleaner technologies and besides b. M. W. They say audi dialer porsche and volkswagen were complicit is smart to hold out. Well volkswagen is Volkswagen GroupVolkswagen Group encompasses Porsche Skoda c on a bunch of other brands that includes lamborghini but one of the things to note is that of the german Car Manufacturers b. M. W. Saying were not going to settle weve got a 1000000000 euros set aside and were going to try and fight this because the fact is they feel that they have not broken any of the laws and rules again this is going to take a long time to come out this is still from diesel vehicles that are being sold in the u. S. Some are still sold here but theyre still selling quite a bit of them in europe although people think that electric vehicles may be the answer theres no profit margin in it so b. M. W. Im sure would like to continue selling diesel vehicles and this is not going to get settled very quickly lauren fix the car coach thanks so much for joining us. Thank you. Despite the animosity and lack of progress with the trade war negotiations on an official macro level u. S. Firms are now taking matters into their own hands executives from the biggest u. S. Financial firms including j. P. Morgan and Goldman Sachs met with top regulators in beijing and a sign that the trade war with the u. S. Has done little to do rail chinas opening of its 43. 00 trillion Dollar Financial system the increasing ties between wall street and the Chinese Market could make some of its executives important voices for china in washington even as a trade war rages on china has continued to open its Financial Sector at an unprecedented pace mirroring global banks to compete for its massive market china is determined to reform its market as it transitions into a more consumption driven economy u. S. Retail and Financial Services executives recognize the shift in its business landscape from 20 years ago when the model was made in china the next 20 years will be marked as consumed in china as the growth of the middle Class Population is rising at an alarming rate this will make it the greatest Consumer Market in history and in breaking news today just one thursday we once again heard that a trade deal is close the white house announced that they are considering limits on u. S. Investments into china once again escalating the situation into the scheduled trade talks among the possible actions to curtail investments is to delist Chinese Companies from the u. S. Stock exchanges and limit americans exposure to the Chinese Markets delisting Chinese Companies would affect billions of dollars in investments pegged to major indexes ali baba alone is worth 450000000000 in market cap on the u. S. Exchange just as china started repurchasing us as a gesture of good faith the u. S. Slams back in yet another attempt to exert maximum pressure greenlit the discussions with the support of hard line advocates like former chief strategist bannon who in a recent briefing said that china is the frankenstein monster that we have to destroy its created by the west its created by our capital. Macro headlines picked up. Markets around the world lets see how they ended up over in russia down as the economy retained earlier trends of stagnation in Consumer Spending and construction amid growing Industrial Production prospects for growth remain vague though as the markets now anticipate more stimulus at the another year in the form of more funding for National Projects now over in asia shares slipped this week across the board to about a 3 week low on friday as worries about the health of the Global Economy mount japan and south korea led the declines in asia over in japan the nikkei slowed 1. 3 percent led by heavy weight softbank and it ongoing troubles with we work the escalating dispute with south korea is now also impacting the Overall Health of the market as a race for supremacy in the Semiconductor Industry is at the center of this conflict and despite the limited trade deal between. The market it appears to basically shrug it off as the agreement does not cover trade in autos policy makers in tokyo believe that japan gave away too much and the u. S. Could now make harsher demands ahead and when that happens japan doesnt have many cars left in it there pam over in shanghai the composite slid 1. 6 percent after trying to all of got smacked down once again with most likely not renewing waivers that lets American Companies do business with way in another the footsie russell decided to not. Bond index this came after 2 of their major fixed income indexes incorporate chinese bonds this year are ready footsie didnt cite any specific reasons for leaving china off although it remains on the watch list this decision means that china is now missing out on 7500000000. 00 of extra investment in blows a month stocks are covered slightly into the last session going into a week long holiday now to celebrate the 70th anniversary of the founding of the p. Republic over in hong kong the continues to bleed out as the riots have not gotten any better tourism contributes to about 20 percent of hong kongs g. D. P. And now with the unrest hoteliers have issued an official s. O. S. To the government as plunging rates reach 9. 00 a night and hit occupancy of only 20 percent over in india the sensex traded flat ending the week slightly up as recent tax changes help to boost earnings and stimulate the staffan economy easing crude prices and optimism for trade resolution also cut the markets relatively upbeat this week over in australia the access was downbeat as metals and gold lagged and the Precious Metals now the 1500. 00 level to the downside macro headlines between the us impeachment investigations and brags that added to the increasing uncertainty and way down on the market and finally over in south africa all share slid down a percent as property and construction got hit this has now been the worst quarter performance in now 9 years now over to day know what the rest of the americas and europe thanks kristie starting in paris with the camp was up on friday perhaps a boy by the tax cut announcement from president. Fridays gains were not enough to make up for some steep losses around mid week similar trend also in the dax this week also down tons of was among the big winners on the dax on friday while tech stocks were notably weak across the channel to the u. K. The footsie is up in a turbulent week on friday the footsie rallied in a bit of a bank shot many market watchers cited the weakening of the pound sterling after hints of an Interest Rate cut from a hawk at the bank of england which sent the u. K. Currency on a slide as a boosting factor for the footsie on friday moving to the americas in brazil. For the week following the regional trend on friday Delta Airlines was reported to be preparing to liquidate their state stake in gold the biggest. And in brazil sending that companys stock down by 6 percent moving up to mexico the b. M. V. The mexican bolsa down for the week likely dragged down by the dismal prospects for passing the new nav to the u. S. M. C. A. In the wake of quickly developing and pietschmann crisis for u. S. President donald trump and on the u. S. 2 exchanges a split decision this week with and why a seat on the tech heavy nasdaq both down while the s. And p. 500 was up. To report from reuters as crissy cover earlier today said President Trump was considering delisting Chinese Companies from u. S. Stock exchanges knowing mr trumps Attention Span and in light of his quickly increasing distractions take that report for what its worth and finally in toronto that is down from the week this week that he has unveiled a new feature 30 which will aggregate the results of the top 30 stocks as measured over the previous 3 years and this is been your weekly quote all stock market wrap. Now for a quick break but hang here because when we return it may only be a decade old but behind has already paid the fact that is there a future for that in the global currency market boom as managed to catch up with roger that is the founder of. His take on the future of finance and as we get a break here the numbers actually. Do something to. Put them so. They did accept the reject. So do you want to express. Some want. To go. Its like the before 3 in the morning cant be good. Im interested always in the waters of our. First sit. Through our media to play just one game so sudden this somebody comes on the phrase im a bigot and they dont know what to do with it you know that a bistro used to temporize their continue on to the next American Election just drop is all wood to this side of relief because the democrats are bitter disposed towards these never get published and so you know maybe we can go back to the old james. Quietly given your consistent as i quietly you believe the impression im not. The tense situation in venezuela is still all over the news the problem in venezuela is not that socialism has been poorly implemented but that socialism has been only implemented for inside venezuela things are different were going to announce sanctions against petroleums to venezuela associate. In the school of a supplement to. The tempest. Political battle so on the people who come at the moment the focus of the who story isnt new makes him cold in Henry Kissinger to tell him that it would not be tolerated that in latin america an alternative economic and social system could take hold and therefore the policy would be to make. The chilean economy scream so wants and making the economy of venezuela screed. Swiss conglomerate nestle is being proactive in adding new procedures to testing the products of bodies from suppliers after found the weed killer glen for seat in some of the coffee beans of purchases correspondents or months is still good joins us with the details of the Worlds LargestCoffee Company nestle is increasing checks on the coffee it buys now this comes after recent tests showed some countries coffee beans contained life s. 8 levels are close to the regulatory limit the new procedures go into effect on october 1st and nestle has already notified its indonesian and certain brazilian being suppliers the move will only be temporary that is until producing countries can correct their application of life to say so its our lens nestle said they are already actively monitoring the chemical use and said this Monitoring Program has shown that in some green coffee lots chemical residue levels are close to limits of by and by regulations we are reinforcing our controls working with suppliers to ensure that our green coffee continues to meet regulations all around the world but these processes could further complicate global coffee trade flows brazil is also the largest exporter of soybeans in the world and has become heavily reliant on Agro Chemicals like life to say this comes at a time when many countries around the world are looking to reduce their use of the herbicide or eliminate it completely these new test requirements are mostly for beans shipped from or into factories in europe australia and malaysia where legal limits of life a say are much lower than most other countries nestle said we are working with our members to reduce the use. To me europe requirements which is much stricter than most other countries including the United States this is all while thousands of people await trial here in the United States against monsanto alleging that the exposure to round up caused their cancer here are the countries looking to ban quote if they in the next few years germany which plans to ban the herbicide by the end of 2023 this is when the European Unions approval period for its use expires then is loved emberg who says that they will ban the chemical by january of 2021 now more than 400 towns in argentina have already banned life a say and australia has also has several cities and towns that have banned life is safe this is true of Many School Districts as well and in june of this year austria announces its plan to ban life to say within the next year now 8 out of 10 provinces in canada have some sort of restrictions on herbicides including life as say france also has plans to eliminate the weed killer by 2021 with limited exceptions. You know. So this is great and seeing those regulatory action finally kick in i recall being in colombia years ago and meeting with colombian couples who had just been in their fields water sources with this is there any consensus among these regulators about what the level is beyond which its definitely on safe well there is no actual consensus even here in the United States of the thousands of people await their trials the p. A. Says that the levels are much lower and says that the oversight does not cause cancer while the World Health Organization says that life is a is probably causing these cancers so well have to wait and see how these trials and up in the coming months or years im sure that it will take. Or if you correspondents are monsters joke at thanks for joining us you can. As the global macros look to be increasingly dismal quit the enthusiasm and hustlers remain unfazed this week volatility in the market short term when the real value is the network is growing boys hasher a transaction while you and wallet numbers all would have continued their upward trajectory this year and for all the naysayers out there looking at the price movements lets not forget that year to date because it has already doubled its price what other asset class has done that we caught up with legendary investor and pioneer of the cut the industry roger vera and singapore rogers the founder of bitcoin dot com and is absolutely relentless in his endeavor to promote the Widespread Adoption of big client as a means for Economic Freedom roger was a key figure of the big win for it in 2017 where he advocated to increase the number of transactions its leisure can process by increasing the block size limit the argument for this was to treat bitcoin as a transactional currency rather than just a Digital Investment this came to a head forcing the network to fork into bitcoin core and bitcoin cash with roger at the helm a bit coin cash. Im sitting here as roger very chairman and c. E. O. Of make wine dot com is a pleasure to have you great to be here thanks so much so i think the 1st thing i want to ask you is how the hotshoe are going to hash words all done and over and now theres 2 versions of bitcoin theres the coin cash and decline core big cash is the one thats most similar to the bitcoin that i got involved with back in 2011 the one that i was confident is going to get worldwide adoption and commerce and make the world a better place for everyone and thats why im busy promoting the clean cash today i wish the big point for people good luck with their coin but its not something thats interesting to me because its not useful in commerce the Payment Transactions are slow expensive an unreliable and b 2 c. Theyre fast cheap reliable and decline cash you dont have to be a Rocket Scientist or an economist to figure out which one of those 2 versions of bitcoin is going to be more popular in the long run and i hear that you guys are now moving into trading a big one cash derivatives. Weve started that process for. Havent gone live yet but we did launch our exchange of exchange up between dot com just earlier this month so anybody anywhere in the world can trade a bunch of different crypto currency as with any other one but even more interesting than that we launched in june local dot com to lets anybody buy or sell because of cash for any Payment Method in any country with anyone with no k y c required for the coin dot com so it works in every country in the world for anyone any Payment Method thats a really big deal and i think a lot of people are aware that that exist so local dot com is a real game changer hourly pay pay pal we chat duffel bags of cash any Payment Method in any country anywhere any amount local dot because dot com i know you love big thank you but you said that you like anything that works so what else works i think theres a lot of coins out there that work but one of the things thats really important is the Network Effect and i think thats the only reason why you still have the largest market cap is because it has this big Network Effect and its riding on its own coattails but if you look at big cash its Network Effect is growing every day and every weekend more and more stuff is happening but i like dash i like cash i like sequin i like anything that works ripples another fantastic one if it works or if its useful people are going to use it so look for the ones that are useful thats the one people are going to use sign i are involved in a lot of projects which projects i am most bullish on im most bullish about peer to peer electronic cash for the world thats what got me so excited back in 2011 when i entered the space and thats what im so excited about today because if you can enable people to be able to frictionless lee sin or receive money with other people all over the planet youre increasing the amount of Economic Freedom in the world and here in singapore this is one of the most economically free countries in the world it became one of the most wealthy countries in the world because of that Economic Freedom so lets bring that Economic Freedom to the entire world through peer to peer electronic cash and i think cash is the crypto currency that has the best shot of bringing the most Economic Freedom to the most people around the world and thats why im so excited about because cash today completely agree and that entire process was completely fiction and now its amazing how the 1st barrier to actually converting this paper money into currencies in the 1st place and thats like when they hear how you want to. Local doubt because dot com any Payment Method in any country for any amount you can buy or sell big point cash with it right now today check it out but some will and Still Holding the cash you have dont be the bad holder Holding Us Dollars or euros or that old traditional money going to your crypto currency today because it works better and if i have i have some paper bills in my pocket right now i cant send them to somebody else on the other side of the planet i can even send someone on the other side of town with cash i can literally senate from here to anyone anywhere on the planet for a 10th of a penny instantly just like that with with no permission required from anybody so right now in the u. S. Cracking down on the regulatory do you see them falling behind in the global scale in terms of technology and take in everything and whats your opinion about that the u. S. Is falling behind on everything the more friction you put in place to progress the less progress youre going to have in the u. S. Is doing a really good job of putting up all these barriers to the advancement of humankind and thats why were seeing so much stuff happening outside of the u. S. More and more and it breaks my heart to say that as someone whos born and grew up in the heart of Silicon Valley but man if you make things difficult for people to do things and unless it is you know some massive exodus where which country to do what you want to do i wish i could say that there is one promise land where everybody can go and do anything thats peaceful that country doesnt exist yet but lots of countries have lots of things going for them and of course singapore is one of the ones thats one of the most economically free countries when it comes to financial things and businesses but man dont have any chewing gum here or dont try smoking a joint youre in a world of a world of trouble whereas in california you can chew as much gum and smoke as much dope as you want but if you try and start a business doing those things theres going to be all sorts of red tape in regards to it so i guess you have to figure out the things that youre most interested in your own personal life and then figure out the part of the world that suits your needs and your wants the best and move there so where you what are you working on next im really really excited about bitcoin cash based tokens you can basically have tokens on the big chain that function like anonymous player shares that are able to receive dividends thats amazing in the history weve had to. Payments and weve had anonymous bear shares i dont think in all of Human History weve ever had anonymous bear shares that were able to collect dividends that now exist on big point cash and so its a really really really big deal thats amazing and one of the big one of the big criticisms against that was actually the security aspect of it that it somehow makes a token less secure but you have to say about that i think security token meaning like Financial Security and security is in security from hacker exactly are 2 Different Things my advice to everybody is hold your own private keep yourself keep your crypto currency yourself and then youre at nobodys mercy but your own and the big dot com wall of course is a fantastic way to do it but thats true in any case if youre using an exchange its ok but put your money you can trade draw your money back to your own wallet but you control the coins yourself and thats good advice and all these big hackings weve heard about in the cryptocurrency ecosystem in the past those only happen when people are trusting their coins with somebody else if youre holding your coins yourself youre much much much safer against those sorts of things your passion is astounding i love it roger very thank you so much bank manager. That defines a c n x time. In the. Process of started 10 years i think its time to shake things up maybe change the branding maybe the format here is what ive been thinking about next season related episodes filmed on an island experts. Do you think ok a more affordable option 25 text for. One red rose another suggestion. No political. Literally. The only. Late night show its a rare form of these days and its all you need is an old microphone in a printed band. But actually i guess i can do this ok. Laughter politics gone wild like music. Ok crosstalk is not about hype its about meaning 10 years of talk and still going strong. Peter if you want to change something why dont we get rid of the bow tie i know that is too much. This is a story about what happens auster a stray bullet kills a young girl in the streets. What happens to her family and daughters in florida you know the mother daughter is buried in a cemetery it really messes with your head what happens to the community the public was screaming for a scapegoat the Police Needed a scapegoat so why not choose a 19 year old black kid with a criminal record who better to pin this on than him and what happens in court be. Shocked shocked as far society we feel. We dont know still just for the. End of this trial unfortunately you. Will still not know what childress. What politicians do something. They put themselves on the line and they get accepted or rejected. So when you want to be president and she. Wanted. To go right to the press this is what before 3 in the morning cant be good. Interested always in the waters of. Yes sure. From this hour a leading us democrat provokes the ire of donald trump by offering a highly subjective interpretation of the president s now controversial phone call with the leader of ukraine. And afghanistan launch a slew of attacks against polling stations across the country as war weary voters turn out to elect their next president. As an investigation reveals canada has been illegally transporting its Plastic Waste to malaysia we get reaction from a mass climate change. But. If you wish to cure. Dishes im sorry to hear i. Kept up with what