Money just to prop of your own share values and thats been working because youve seen the Massive Equity rise and as you pointed out well all time highs right now we only have like 15 seconds when i ask you about this real quick Federal Reserve just injected another 104000000000 dollars into markets overnight again on thursday and ran over night into friday the Federal Reserve is just a huge part of this right continuing to dump cheap money at lowest Interest Rates and its not good for the economy unless were not only that but they also include 28. 42 day term loan repos into this agenda and thats the new news for right now so theyve tried to inject money into the system consistently that has not solve the problem so now theyre extending the term and trying to increase more liquidity and right now the most worrisome part of all is that theyve made this the new normal so whats going to happen when they take their hand out of the Banking System right now they cant i think we all know eur
Finance over the past decade global dead has ballooned by more than 70 trillion dollars which again has been driven by both governments and corporations so christine lets break this down here because were talking about a global debt that is really equivalent to 320 percent again these numbers are so hard to even fathom 320 percent of global Gross Domestic Product how is that sustainable on any level is not sustainable and thats why this rising debt level that has absolutely no signs of slowing down has been flagged by economists as one of the biggest risks for the economy and probably the next breaking point and right now as you point out this is a combination of both Government Debt public that as well as private debt and the private debt its even more concerning even though Government Debt thats the most attention private nonfinancial day in the u. S. Is at 27 trillion versus public debt is at 19 trillion and the reason why private debt is so much more dangerous is because its more p
We just met with china. We are doing very well im meeting with the vice premier at the white house i think it is going really well. Sap shares surge. Coceo tells cnbc mcdermott believes now is time for change at the top other than thinking about handing over the reigns and going through transition in the beginning of the year, he felt now is the appropriate time to come out we had a great strong quarter. Hugo boss cuts its out look for the second time. Puwlicis is also at its lowest since july 2012. A warm welcome to street signs. Lets kick off with a fresh report from the iea. They have reduced their Oil Demand Estimates for 2019 and 2020 to 100,000 barrels to 1 Million Barrels a day and 1. 2 respectively they lowered these to reflect weaker demand. They also noted that demand for opec they see falling in 2020. Also comments on supply there. Nonopec supply led by iran, brazil and norway to rise to 2. 2 million. Interesting that they continue to see a ramp upcoming out of nonopec count
Minister was ruled unlawful with flying from both sides in parliament. Prime minister told. Me. That its. British businessman our own banks on his leave campaign and cleared of wrongdoing he was accused of receiving funding from overseas again its a story coming up this morning. So over a good morning to you this is our International Live with me kevin though in this thursday from moscow it was a 30 minute world news round up the summary of the phone call between the u. S. And ukrainian president that led to an impeachment inquiry against donald trump has been released us democrats claim the president abused his powers by tempting to pressure the ukrainian leader into investigating a potential election rival of trumps in return for military aid funds as for Vladimir Zelinsky on the sidelines of the Un General Assembly he denied that. Sure that we had. I think good phone call it was normal we spoke about many scenes and. I think you read it is that nobody bullshit bush me yes and no ker
Can cut down computing tasks that would have usually taken an hour down to just 5 minutes and it is currently being used internally within the companys Business Operations specifically and products search 2 personalized recommendations and advertising the company is planning to use the chip in its called competing products which so want to amazon is the companys Fastest Growing division ali babas move into a i had swallowed fall away which last month unveiled its own a semi called the ascend 910. 00 beijing highlighted something conductors as a critical growth area and plans to produce 40 percent of the semiconductors it uses by 2020 and 70 percent by 2025 this tremendous progress made by huawei and ali baba recently highlights how serious china is about we need self off of us the supply chain and now theyre pitted directly face to face against the u. S. As qualcomm and the video for tech dominance as china moves to strengthen its defenses and focus on domestic growth president is reve