for british companies in america and one million britains do the same for american companies here. our trading relationship is worth over 190 billion pounds a year and we are the largest investors in each other s economies with mutual investments valued at as much as $1 trillion. mr. president, you and i agreed the first time we met we should aim for an ambitious free trade agreement when the uk leaves the eu and from our positive discussions today i know that we both remain committed to this. i m also sure that our economic relationship will only grow broader and deeper, building on the conversations we had and the ideas we heard from uk and u.s. businesses when we met them earlier today. tomorrow we will sit down in portsmouth with our fellow leaders to reaffirm the enduring borns of the western alliance and the shared values that underpin it. as we look to the future, in the years and in the generations ahead, we will continue to work together to preserve the
to hurricane florence parade then you get into the nitty-gritty of a local economy. john, you looked at this in terms of not just the housing stock but the infrastructure, the utilities, and i don t just mean buildings. you ve got a lot to deal with here, sewage systems, so on and so forth. what are the numbers looking like? right, there is a lot of infrastructure and all kinds of potential for damage on both the wind, the storm surge right at the coast, and, as you mention, certainly the flooding. that s going to be a big deal. our detailed analytics here at accuweather, we are predicting anywhere from 30 to $60 billion in terms of economic impact from florence. that is a very significant number. but it is important to put that into context. especially with the major hurricanes that we had last year, harvey, which cost $190 billion of damage. and as accuweather predicted, $100 billion of damage as well
decade, about 190 billion per year. the cancelled 2.1% wage boost affects 1.8 million people nationwide including border patrol and i.c.e. agents. still ahead, democrats make the next move to stop the confirmation of president trump s supreme court pick. the watergate era figure they plan to use to keep kavanaugh from moving forward. bill karins is back with a check on the holiday weekend forecast and our special against joins the conversation. ins the n
live from america s news headquarters i m trace gallagher. strong winds are creating problems for firefighters battling the carr fire in northern california. it s already claimed two lives. mandatory evacuations remain in effect for the city of shasta lake and its 10,000 residents. nearly 5,000 homes are threatened. 55 have already been destroyed in shasta lake. the fire has already burned nearly 45,000 acres and it s only 3% contained. the carr fire began monday. twitter stock plunging more than 20% today. twitter s decline follows $1 it 0 billion loss by facebook $190 billion loss by facebook yesterday. the social media says monthly users dropped in the second quarter adding further declines are expected in the
factory. $4 billion in subsidies. but to that point, does that not look like corporate welfare that hurts the wisconsin taxpayer and hooks up a company or investors? i hate to say it this way, but we ve seen nothing but corporate welfare over the last several years now, particularly with the tax bill, where half of the s&p profits that have been reported this year have been directly result of lower tax rates. as i said earlier, the share of corporate taxes as a percentage of government rev fenues has fallen to an historic low. yes, it s just a continuation of what has been brought to us. apple is a company that over the past few years has been paying 25% in taxes anyway. now you have this corporate rate of 21%. now they just got an amnesty on, what, $90 billion or $190 billion that were overseas. so to me this is like a three-way sort of thing between trump, wanting to bring jobs, fox conn looking for subsidies