And its impact upon us all. And im christiane and washington hands alike out that today. It would almost be americas actually without any doubt is an act of terrorism and violation of iraqs sovereignty i mentioned in the middle east have roiled markets that the u. S. Has a fascinated and iranian general in iraq we break down how the attack has moved markets and what this could mean for the future of geopolitical relations but the saga of multinational businessman carlos growing takes another turn as he has managed to escape japans argy correspondent sara lee but theres a ok and lauren fix the car coach are both on hand to help us break down the caper we have a packed show today so lets jump right in. And we begin the program with reaction to the assassination of a top iranian general in baghdad general custom so money who led a special forces unit of irans revolutionary guard was killed in a u. S. Drone strike on thursday the pentagon has can. Or the department of defense issued a statement on the attack saying the direction of the u. S. At the direction of the president the us military has taken decisive defensive action to protect u. S. Personnel abroad by killing so a money the head of the iranian Iranian Revolutionary guard corps could force a u. S. Designated Foreign Terrorist Organization general so the money was actively developing plans to attack american diplomats and Service Members in iraq and throughout the region the d. O. T. Release added that general stolen money was responsible for the deaths of hundreds of americans and coalition Service Members as well as the wounding of thousands more following the announcement that from the u. S. Irans foreign minister Mohammad Zarif commented on the attack friday in toronto. On americas action. Is an act of terrorism in violation of iraqs sovereignty which is murdering her sons who dedicated their entire fighting russian terror. To be outdone u. S. President donald trump held an address at his palm beach resort mara lago on friday rationalizing the attack in issuing a warning to anyone who would harm americans divided leadership from americas policy on the radio is to terrorists who were trying to harm any american. We will find you we will eliminate you we will always protect our diplomats Service Members all americans and our allies so maybe theres been thanked her for treating actually terror to destabilize the middle east for the last 20 years what the United States did yesterday should have been done long ago. Now Global Markets are reacting to the assassination as equities tumble and are now swimming in a sea of red with few pockets of green around Energy Stocks utility and defense names rist sentiment is now fragile as geopolitics has come back to the table now this is something that could have made. Across asset implications among those safe haven currencies such as the japanese yen jumped to the highest in months as of messrs flock to safety with the holidays in tokyo this may 4th in conditions exaggerating the move the swiss franc also searching for months highs and the hong kong dollar hit a 2 and a half year high against the dollar even bitcoin the alternative safety asset is rallying up almost 5 percent reading the entire Crypto Market up u. S. Bond yields fell to their lowest in 3 weeks now as the Market Participants are now calculating the risk of retribution from the iranian side gold another safety asset is now sharply higher as a jump over 1. 5 percent as investors dump riskier assets on equities for the precious metal gold continues to rally after its enormous run in 2019 as analysts remain constructive with the late cycle concerns heightened Political Uncertainty and slowing growth to support demand the fear gauge of wall street the vix was up 18. 4 percent friday as Energy Stocks popped on fears that an oil spike might spark a recession like it has historically back in 170 that risk is also heightened as the Global Economy has been struggling amid a Worldwide Manufacturing slowdown. And now for more on this were joined by former pentagon official Michael Maloof welcome thank you so michael there is a ton to unpack here as we go over this and talk but before we get into the economic implications and market moving what was this an act of war it could lead to it and. Just 2 weeks ago for example you had. The secretary of state from pale and netanyahu talking actively about regime change in. Iran and. The iranians and. The israelis rather and and the United States for years have monitored the monies actions activities in fact he was openly invited into baghdad and arrived at a jet very openly and but yet the United States chose now too. Take action against it whereas in 2 administrations prior even the israelis they could have done something years ago but they never did why because there were fearful that it would lead to the conditions that were seeing today absolutely now i want to talk about the Economic Impact here because obviously a business and finance show and now weve seen oil markets move pretty substantially today and things are going up what are we seeing here and how important is oil to this situation where the oil is going to be more important to other countries in the world other than to us because we produce our own are worried that exporters i think that if the iranians take retaliatory action of of some kind the say in the persian gulf the straits of hormuz basically blocking through mining or sinking ships which could be one of the responses to what and just occur it will bring virtually overnight an economic depression because youre because of 40 percent of the oil comes through there for other countries that are net importer soil china would be dramatically affected and the world economies would be very affected by this literally overnight so they iranians have weapons and i think they may now begin to demist plus they could hit refineries Oil Refineries and what have you in the g. C. C. Countries in countries that are housing u. S. Personnel they wont hit the americans per se but they may hit in directly those structures the oil structure so the the its very very were at a very serious moment here that the iranians could do things without directly confronting the us but attack its the economic basis for the world if they cannot if they cant survive economically no one else is going to. So weve watched as the u. S. Markets theyve taken. Following the news and its no surprise that some companies nyc Northrop GrummanGeneral Dynamics and monkey martin they have all had made some gains quite substantial gains of over 5 percent today do you think that its that war that war actually ties the market in this case is very. Very clear because if youre going to be didnt vested in these. Defense companies youve got to have a crisis somewhere and in order to justify the spending and were talking big bucks a lot of jobs and invested your investors for example are going to be the ones that want to get in on the winning and make money so you gotta have a crisis somewhere in order to justify it and thats thats the concern that we have here are we as a as a people prepared to go to war so that some few investors can line their pockets this is a question people have to answer for themselves and i know what i think it should be the case because at some point youve got to say you nuff enough its going to be interesting dynamics because every single time there has been a war in the history the markets have always rallied as a response but on the flip side with the oil with the oil crisis now in the what potential oil embargo this might lead to the same situation as back in 1070 has led to a worldwide well you know and this is what were talking about i mean it could it could really have an impact i mean the chinese for example important 90 percent of the oil maybe more and its and if this is cut off and Saudi Arabian oil and other major source of theirs would be affected the only other source that would not be affected is what theyre getting out of russia right now so this china and russia have a have a lot at stake here as well absolutely former pentagon official Michael Maloof thank you so much for being a pleasure. And we need to catch you up on the latest happenings in the u. S. China trade war President Donald Trump earlier this week said he plans to sign phase one of a trade deal with china at the white house the. On the 15th of january it is unclear which high level representatives from the Chinese Government will be present for the signing however recent reports say chinese vice premier league. Could be in washington to make the deal the news marks an easing of trade tensions between the 2 nations but in a tweet announcing the planned signing of phase one President Trump said he will be traveling to beijing in the near future to begin phase 2 talks which could reinvigorate the contentious relationship between the 2 sides. Its been a turbulent start to 2020 with markets soaring on the 1st trading day of the new decade only to tumble and crush Risk Appetite lets see how we ended up over in moscow the mo x. Is up as oil surged over 4 percent giving a boost to its index heavyweights russia has expressed concerns over the assassination and in a statement said that the us actions have the potential to seriously aggravate the situation in the region now down in japan the nikkei is down 5. 7 percent for the week after ending 29000. 00 at 29 year highs auto lost ground and led the declines with honda mitsubishi and suzuki all falling by more than one percent way heavily on manufacturing retail also saw declines now Japanese Companies are growing more and more pessimistic about the economy due to worries over a prolonged china u. S. Trade tensions as many still doubt if a phase one will improve conditions over in china the shanghai asian equities were up over 2. 5 percent as chinas latest Economic Data showed better than expected growth momentum that easing of china u. S. Trade tensions lifted demands for chinese goods and boosted Factory Production in december with the next coming in at 50. 00 now this figure shows that manufacturing expansion for the 2nd straight month after showing contractions for the last 6. Called the hang seng traded up for the week primarily led by Mainland Chinese Companies while the markets have been battered by the rise in civil unrest the numbers are in and hong kong still remains number one for i. P. O. Listings in 29000. 00 new york for the 2nd year in a row there is already about 160. 00 companies that have applied to get listed on the hang seng for 2020 already giving investors confidence in the strength of the Hong Kong Capital markets to weather the slums now over in india the sensex is down for the week as the u. S. Airstrikes dampen appetite for risky assets and pushed oil prices up on fears of a supply disruption. Global investors turned risk adverse on fears of a geo political conflict and fled tech and healthcare names in exchange for utilities and Consumer Staples down australia the a. S. X. Is down over 1. 2 percent despite gains and gold and oil Global Economy still remains dominated by uncertainties and the i. M. F. Now expects the australian economy to grow by 2. 4 percent in 2020 and finally the shares and south africa are flat slightly up as the gold rally pulled up south africas metals mines and material sector the rand is now under tremendous pressure as volatility and uncertainty returns to the market and investors rotate from risk on emerging markets over to risk off to safe haven now over to brad with the rest of america and europe thank you so much kristie markets of the e. U. And the americas are a bit of a mixed bag for the holiday week in paris we see the cac slightly down for the week after hitting record highs there was a trader selling off big chunks right before the new year only to get a big bump on news of a phase one trade deal signing later this month but the u. S. Attack on the iranian general well it caused markets to slip before rebounding and in the week nearly even the german dax fared similarly for this week however was not able to rebound the same way we witnessed in paris when we talk about how the oil prices have surged this week its most Important Note that this has an effect on airlines had their worst day in a month on friday with their stock plummeting 6. 5 percent now the footsie in london also down facing the same issues as most of the western markets there were some bright spots though as food delivery at just had reasonable gains and tobacco stocks in the u. K. Are doing well after the f. D. A. Announced a ban on flavored east cigarettes and i just want to point out were going to talk a little bit about that coming up in the show now moving to the americas in south america the brazilian vessel is not just up for the week its renewed historic highs of over 118000 points continue a trend that saw the index gain more than 30 percent over the last 12 months brazilian i. Mining Company Ballet headlined the gains with their stock price moving up more than one percent on the week going north to the b. M. V. In mexico for the week even after their central bank warned that the recently announced minimum wage cut could create inflation issues and the Manufacturing Sector took a hit in the month of december now in the u. S. We have 3 indices here and we have the similar up and down experience as we witnessed in europe a massive sell off before the new year a surge in trade hopes and then following after the assassination of general soleimani the nasdaq and s. And p. Were able to rebound to near even however the New York Stock Exchange and it up on the weeks the lightly negative were going to wrap things up north in toronto the ts x. Is down on the week basically the same factors at play but we did see air canada led the losses dropping 5 percent while Mining Company 1st Quantum Minerals which predominately mines copper fell by more than 6 percent on friday alone and that is your Global Market walk for the week. Time now for a quick break but hey have. The saga of multinational business takes another turn it into managed it is. On hand to help us break down the paper and as we get a break here the numbers at the club. This idea as you point out the anecdotally cheney fired all the cia agents in the field because they were too sympathetic to the locals and he felt that was a liability in the major media spheres of washington d. C. They dont want those reporters those stars to rub elbows in the great unwashed of the flyover states because they may become sympathetic to the working class. I may become sympathetic to that it disenfranchises. Leaks. Cardio. And we knew. That it would be the biggest and close motions to the book and the but. Its going to show us that its a big city. Just for the. Chinas shalmi is investing 7200000000. 00 into Artificial Intelligence and 5 g. Over the next 5 years as management intends to make shalmi a Global Leader in ai o. T. Shalmi which started off as an affordable cell phone maker and owns 30 percent of the china Smartphone Market now competes with fall way which has 42 percent its since expanded its brand in various. Internet enabled products such as smart t. V. s smart watches and smart rice cookers looking forward for 2020 shalmi plans to make 5 g. Phones more affordable and pioneer the field of connectivity of smart devices. And the United States food and Drug Administration will bar the sale of fruit and mint flavored east cigarette cartridges the regulatory body said on thursday the f. D. A. Said the ban will not currently affect the sale of tobacco and menthol flavored cartridges and would not restrict fruit or mint flavors from refillable tank based systems so they will be focused focusing primarily on cartridge based systems like the products made by jewel health and Human Services secretary alex is our says the policy seeks to strike the right Public Health balance by maintaining the cigarettes as a potential off ramp for adults using combustible tobacco while ensuring these products dont provide an on ramp to nicotine addiction for our youth the cigarettes are currently a 6400000000. 00 industry in the United States according to analytics from wells fargo on the news altria group which owns more than a 3rd stake in jewel so their stock dropped by more than 2 percent for rebounding slightly on the day in december President Donald Trump signed a federal spending bill into law which will also raise the age to buy cigarettes and e. Cigarettes from 18 to 21 years of age. The Ongoing Investigation on auto executive carlos going continues after he vanished from house arrest in japan just this week the fugitive stereoscope is an open investigation but details continue to emerge are to correspondent has the story. Former nissan c. E. O. Carlos ghosn in a letter from japan on sunday night where he was on house arrest awaiting trial goes in faces 4 counts of financial fraud for misreporting his Salary Compensation could face a lengthy jail term in japan he was arrested back in 0. Bamber of 20 teens earlier this week the former nissan chairman announced i am now in lebanon and will no longer be held hostage by a rigid Japanese Justice system where guilt is presumed discrimination is rampant and basic human rights are denied he went on to say i have not fled justice i have escaped injustice and political persecution i can now finally communicate freely with the media and i look forward to starting next week details of his escape are still emerging but heres what we know so far goes in secretly took 2 private jets 1st to istanbul and then to his native home of lebanon people familiar with a turkish probe claim goes in escape the country hidden in a box meant for audio gear equipment goes and who is a lebanese also holds french and brazilian passports french attorney for carlos goes inside his client of here to be filled with combative spirit after fleeing to lebanon. And i have a feeling that he is at the same time relieved combative very impatient to be able to explain himself i believe that he is impatient to explain himself and all the transparency to all the questions and to answer all the questions that may be put to him. On thursday lebannon said it received a red notice from interpol these red notices are issued by one country to another but they have no power to enforce the request interpol website points out a red notice in International Wanted persons notice but it is not an arrest warrant meanwhile turkish authorities have detained 7 people connected to go some to skate from japan including 4 pilots of a private Airlines Company and then according to istanbul and an employee falsified records that excluded those sins named to fly him from japan to levanon the lebanese authorities said goes and entered the country illegally on a french passport using his lebanese id. It remains unclear just how the government will proceed this since japan does not have an extradition treaty with levanon reporting for boom bust ceremony test oka r. T. And for more on this incredibly fascinating and frankly bizarre story is the car coach lauren fix laura thank you so much for joining us today. Youre welcome yeah this is been a really interesting james bond. That is we dont get these of the Auto Industry so this is like super exciting and intriguing daal of us and theres been constant changes and i just got some Fresh Information as well so its been a lot of changes on the story to start with a Fresh Information we might as well get there 1st ok so we all thought that he was this he escaped in an instrument box because he had had a band come in play so we thought of like a double tube or maybe our harp that was a theory because harps have to go in these big wooden boxes and they have to go out on 2 wheelers we all thought that was how he got on the plane but they would have had to manually inspected airport which is a 3rd largest airport so we did find out that he did show up at a private lounge no one is record of them showing up but he walked right out of his apartment and there was no one stopping him i guess that was part of the. Security im not sure how that security he was picked up by a v. A. P. Service he was taken to the 3rd largest airport he must have waited in this privacy lounge which people pay about 875 dollars u. S. Per year just to hide in the executives and and famous people can slip in and out well the security guards if they did not a good look at his face he couldnt have been hidden in the luggage but they think that he had a disguise he then landed in love but on. Ball with a french passport he had 2 french passports and of course he was a lebanese citizen and in these hailed as a hero i mean he had his picture on a stamp i mean hes pretty famous when it comes to that and even though those 4 pilots were detained theyll probably be let go and the live person will probably get in a minor bit of troubles a person who falsified the documents not either not knowing that carlos go in was on the plane or most likely he was in disguise possibly with a secondary passport thats still to be found oh well this is your question because you kind of mentioned the fact that i mean hes got a spirit with his face on it and i mean hes very well known very well liked but in reality if youre an airport employee. How what are the likelihood that you actually know what carlos ghosn looks like i mean have we been following this story what i know what carlos ghosn is going to look like i think you could probably sneak on in my car if i needed to. Yeah im sure i mean i would know him because ive had lunch with him but i dont see most people wouldnt walk right by him and not recognize him unless youre from london and hes also very famous in france and as well as in brazil but whats interesting about all of this is that we had nothing to do with his family its been assumed and were still looking will hopefully have more information before the 8th when he has his big press event which i am very excited to see because this is like oh like a movie were loving it exponential forces officers we think that he hired a team of them that specialize in extricating people in captivity which is possible a lot of these expressions forces guys do things like that course it takes money and he has a lot of money and he did very well over the years remember hes done a lot hes been a very successful very smart man he was told the big thing that caused this trigger in my book is he had been kept almost a year in change and then they said were going to put the trial on april of 2020 well during christmas time he asked to speak to his wife just speak to his wife is in spoken to and over a month and they denied him that so then they moved his trial to april of 2021 and i think that was like thats it were done because in japan theres a 99 percent actually higher than the percent chance that if you are accused of something youre going to be found guilty so he knew the you know you stay here and hes going to jail this is the rest of his life or you take a risk and you plot and you play and i think i would probably have done the same thing now we all know that there has been an interpol arrest warrant issued from japan to lebanon but have we seen any other reaction from japanese officials regarding the situation. Yeah the japanese officials degraded his apartment that he was living in im sure theyve secured his attorney who knew nothing about this of course but and this was of this was well planned out this was not something that was planned out in the 24 hours its not Like Mission Impossible weve got 24 hours and this is more this is something that was probably thought on that hes been detained for over a year so at that point but remember we still have great kelly who was his 2nd in command whos still being held as a u. S. Citizen hes still being held in japan and no ones been able to find out where his status is at all i doubt hes going to get im sure going to have an extra watch on him but we dont know if hes in prison or if hes in some private residence we have no idea and thats a concern also because he is a u. S. Citizen typically the u. S. Government gets involved in this and again theres still really no true information on whether money was laundered or it was just misinformation that was submitted to the government as far as what someone salary was its hard to believe you can get away with that when you think about the stock market is constantly monitoring and all this f. C. C. And securities information is being monitored how much each executive makes per year i mean how could they not know that its starting to sound very fishy to me its very james bond though i do love it well it definitely seems like lore and i think maybe maybe after april 2021 were going to see the movie of carlos go to were going to actually see how this all played out at least in a fictionalized version thank you so much and you see it before that. Takes the car goes thank you so much for your. Thank you. That by this time you can god bow must i new to dot com slash boom bust are to say next time. Time after time corporations repeat the same mantra sustainability its very important to accelerate the transition to sustainable transport sustainability stay number may not be more equitable and sustainable world. They claim their production is completely harmless. Companies want us to feel good about buying their products while the damage is being done far away this is Something Else just as he went on even as i. Understood. Thousands of american men and women choose to serve in the countrys military the decision a little sheltered lives every thing came to a complete. The day that i was raised to be instructed is you know told to shut up or theyd kill me and i see how it destroyed my life many screamed at me and he made me come in and you graham my arm and he raped me with his birthing if you take into account that women dont report because of the extreme retaliation and its probably somewhere near about half a 1000000 women have now been sexually assaulted in the us military rape is a very very traumatizing have happened but ive never seen trauma like ive seen women who are veterans who have suffered military sexual trauma reporting rape is more likely. To get the victim punished and be offended i had an almost 10 year career which i was very invested in and i gave the sex offender who was not even wanted justice or put on the registry this is simply an issue of tower and violence male sexual predators for the large part of target whoever is there to prey upon whether thats men or women or. Iraq as it was 2nd mass strike targeting a convoy carrying a wrong militia reportedly killing 6 comes less than 24 hours off the u. S. Killed iraq. This claiming its committed to deescalation we have several. Senior police chief says levels of criminal exploitation in britain all backed