Be an age in which all kinds of new choices are going to be surfaced for us and we are going to be able to go a lot of places and its good to have a big effect on our cities and at the same time, companies and the city governments are going to be able to manage our movements and that will raise all kinds of questions about privacy comes with just the next stage of the internet revolution. Imagine a scenario, something you write about in you your boo, los angeles come 2028. What should we expect . Guest well, one thing about information revolution is you cant bet on dates. Weve seen it before with cell phones. My coauthor and i were in paris at the turnofthecentury around the year 2000, and we were predicting smartphones are going to change communication by 2003. It turned out that we were way early. It didnt come until 2007. That the changes are still important, so los angeles in 2028, what are we going to see . We are going to see a lot more choices, they will have spent billions of d
Air bases in iraq the price of gold in the japanese yen also rose on the news as investors sought safe havens amid the growing tension in the middle east reports of the attacks and speculation about a possible u. S. Retaliation also said shares across asia down in early trading although they have made some recoveries sense. Lets go to our financial correspondent now in frankfurt chelsea to lanie chelsea how seriously are markets taking these attacks. Theres been a bit of whiplash this morning across Global Markets the initial reaction to this news was a pretty dramatic spike downward for Global Equities and a big jump in oil oil was up about 5 percent at the end and then point out of this news that investors have really been reassessing the risk over the past several hours and thats due in part to some tweets that worse than overnight from from President Trump where he said all its good all is well and theyre going to do more reassessments but at this point it doesnt appear that there
Casualties at this point and and irans foreign minister has said that they dont want to escalate and they dont want to war so investors are hoping that this will really be the last military or attack as part of this chain of events and that they really settle this diplomatically going forward. Until you get the sense that investors are eager to get past these tensions that they would rather see it as episode it instead of something more fundamental. I think its going to remain a serious concern for markets especially given the unpredictability of both parties but investors really arent changing their at their strategies at this point theres still a lot to be positive on for global stocks. Central banks continue to pump a lot of liquidity into the market. China and the u. S. Are about to sign a trade deal. Concerns have really abated so i think investors are still really hoping that this will be the end of iran and china or iran and u. S. Tensions and you know stocks back to records aga
Assassination own gendall constance a layman a bought it has not offered evidence off american casualties the u. S. Defense Department Says it is still assessing the full extent of the jet damage or with me in the studio to welcome from the Aspen Institute and tyson baka welcome tyson now as we heard the pentagon say this still assessing the damage and casualties but let me go to the recent tweet sent by donald trump when he 1st heard off the missile attack and he said all is well assessment of casualties is taking place so faso good what do you make of that i think that that was a narrow communication to basically communicate to the American Public and to the world that that that student lead to perhaps significant casualties now we dont have any word from the Defense Department itself but we do have word from the iranians which is probably not credible saying that there have been a number of casualties which would be a dramatic escalation of the tensions between iran and the United S
Big offering at ces. Meg whitman and Jeffrey Katzenberg in las vegas. First our top story, the threat of war brings profits for the defense industry, and a risk of Cyber Attacks from iran could shine a spotlight on assets. Take a look at how these firms performed, their shares gained about 8 the last few days. It is indicative that cyber volleys between the u. S. And iran are not going away anytime soon. To discuss what could be next, marcus is a director at an ai security firm. In studio, our reporter. Ingot the attacks from iran physical form. Does that mean we are clear from the cyber perspective . Definitely not. There is a significant distinction between irans conventional battlefield capabilities and where they are on the cyber front. They are never going to go toe to toe with the United States in this realm in a conventional battle. In the cyber realm, they have a greater chance of pushing back more dramatically and having a greater impact in the United States, so even though th