Dropped several farmers have told us they feel trapped in the perfect storm theres reduced demand from china poor weather is lead to a bad growing season and now theres a trade war with no end in sight there anyway farmers in iowa are keeping their heads above water is through government subsidies and many say theyre on fairly distributed and simply not enough economists to say that federal aid is only a short Term Solution so the longer this trade war goes on the tougher things get now lets go on what do you do professor chad hart says aid is needed but a long term trade strategy would be better no Government Support thats coming here is a nice injection if you will of care action a time that farmers are looking to pay some bills but at the same time too it doesnt address the long term issues of not having stable trade relationships farmers in our adjusting by finding new markets and planting alternative crops china is making similar boosts importing from other nations there is a fear
Everyone here is expecting more chaos in the days to come but at the funny. Now south koreas president. For talks with japan to end an escalating trade drill in a speech marking independence from japans colonial rule he wont. All of gladly join hands of tokyo wants to resolve the dispute through dialogue that escalated last week when south korea was removed from tokyos favorite trading nations list how not a country that developed 1st should not hinder the ability of a country that is currently developing to continue growing we hope that japan will play a leading role together in facilitating peace and prosperity in east asia but contemplate the past the brought misfortune to its neighboring countries now japans new emperor has expressed his deep remorse over his countrys wartime posturing the annual ceremony marking. The 74th anniversary of japans surrender ended in world war 2 and for another he thought japans 1st emperor born after the war he said he hoped that the tragedy will neve
Report its profits after the bell power lunch starts right now well, it is no longer monday. Thank goodness it is tuesday. And right now, lets take a look at where the dow stands. Off the highs, but up about two thirds of a percent. The nasdaq, which led the market lower yesterday, is the leader it is up about 1 fully. Up 75 points check out some big winners nike, cisco, apple, and disney well have more on those moves later. Kelly. Thanks. With stocks now down 6 from their record highs, a move by the way, that happened in just the last week, we have full Team Coverage of everything impacting your money bob pisani keeping a close eye on the market where were also watching bonds eamon javers on trade tensions Steve Liesman monitoring the latest from the federal reserve, and bob, lets start with you. Yesterdays action was extraordinary. The s p futures moved in a nearly 5 range from the high to the low. That does not happen very often. The main index ended down 3 thats a move that happene
A new brexit deal. And the Nobel Laureate Toni Morrison, whose books examined the history of black life in america, has died at the age of 88. Hello and welcome im katty kay in washington and Christian Fraser is in london. The trade war is between china and america both sides showing they have financial weapons and are prepared to use them. But its now making the rest of the world nervous too. Global markets have had a run of bad days and the german finance minister today sounded the alarm bells warning beijing and washington to tone down the rhetoric and get back to negotiating. China gave its First Official response to the latest threats of us tariffs today, with the bank of china saying washington was totally wrong to label china a currency manipulator. President trump sounded defiant this morning. Massive amounts of money from china and other parts of the world is pouring into the United States for reasons of safety, investment, and Interest Rates we are in a very strong position.
Mediterranean sea after being rescued by 2 aid ships the ocean viking vessel picked up 350 people on sunday and monday and a spanish ship open arms is carrying others both ships have been at sea for 12 days now waiting for port entry approval European Countries are arguing over who should take responsibility for them. Migrant Asylum Seekers and Central America seeking a new life in ited states a racist remarks and recent Mass Shootings will not to tear them castro into see a down war as in mexico to hear why they are not having 2nd thoughts. For new york us steel last weeks massacre in el paso made her no less determined to reach the United States a mother of 2 from cuba is number 15060 on the waiting list of migrants wanting to enter from sudan. She says the dangers shes a scaping are far greater than the Mass Shootings north of the border than 100. 00. Years believe weve always been at risk always in danger but when we try to cross this stop us 125. 00 migrants from Central America s