A hell of a truck a full report we have a lot to get to so lets get started. The house clear legislation on wednesday that threatens to kick Chinese Companies off u. S. Stock exchanges if they continue to deny u. S. Regulators access to their audit when the measure passed the house by anonymous vote after it passed the Senate Unanimously in may well now the bill has gone to president Donald Trumps dust for his signature joining me now to discuss the trafficking of journalist ben swan but whats in this bill exactly and what was it spelled out to do specifically. Yeah its kind of an interesting things there its called the Holding Foreign Companies Accountable act essentially bars securities of Foreign Companies from being listed on a u. S. Exchange if they have failed to comply with u. S. Public accounting oversight boards audits for 3 years in a row so essentially the idea here is that if youre going to be on a u. S. Exchange you have got to have the u. S. Agency doing audits to make su
Particular the segments of the economy that use it now with regards to this of course the safety and protection of personal data has been paramount its good for concerns that Many Russians as the country increasingly moves towards a Digital Economy and the president was clear that the balance needed to be struck between making that digital progress and protecting peoples data protecting peoples information in particular to do with data leaks. I ask the government to promptly present a bill allowing the creation of draft laws for using ai across economy sectors and also present the strategy of how to use e. I. In practice so that it helps for example doctors at the same time all risks of personal data leaks should be prevented human rights should unconditionally be observed. Now those proposals that the president mention is that they could come as early as next year or early 2021 while he will put forward proposals to grant Ai Developers access to Government Data something that will of
Or no deal. Time is running out for brussels and london to ensure smooth trades come january the 1st. Hello and welcome to do business on what to johnson berlin. Good to have you with us. The chinese president xi jinping, hits back against suggestions china could be looking to go it alone amid a rise in protectionism and trade tensions speaking at a virtual Asia Pacific Economic cooperation forum. She said global collaboration on issues from free trade to Vaccine Development is needed now more than ever. Critics, however, were quick to point out chinas increasing aggression towards trade partners such as australia and its lack of progress on long pledged commitments to open its economy. As most of the worlds Major Economies struggle to deal with, the coronavirus pandemic repeated his message. Thursday, our doors are wide open. At a video meeting with asia pacific c. E. O. s, the chinese president pledged to Carry Forward with efforts to open the chinese economy and warned that the risi
Another spike in coronavirus cases will meet the front line workers during one of the hardest jobs that there is every day. And u. S. President orders u. S. Troops to come home from afghanistan. The move is drawing fire from americas nato allies, including germany, plus 2 fatal crashes kept it grounded for 2 years now. After months of scrutiny, the boeing 737. 00 max has been cleared to fly again. I burnt off to our viewers on p. B. S. In the United States and to all of you around the world. Welcome. We begin tonight with politics and the pandemic. Lawmakers here in berlin have voted to give the German Government new powers, allowing it to introduce restrictions to tackle the coronavirus crisis. German president , vulture steinmeyer, signed the bill into law earlier this evening. It takes effect tomorrow. Thousands of demonstrators took to the streets today to protest as politicians debated the legislation thank water cannon and pepper spray deployed by police to disperse the demonstra
S p by 11, nasdaq up by about 42 there were a few areas of the market yesterday that continued to outperform including the small caps russell 2000 coming off an alltime intra day high. And then there is the khodow trs trading at a record high and right now it looks like the ten year is yielding just about 0. 8 the transports a lot of times, they are an early indicator of what is to come, but maybe more difficult to glean what is happening this time given the overall virus situation. Yeah, it is and it is really not things Like Airlines so much driving the transports actually fedex and u. P. S. Are arguably kind of stayathome plays and they are also big components of the transports so really just kind of gone sideways in the last day or so, not much of a pullback just yet. So well very to see how that develops and in this context especially with the White House Task force painting a bleak picture on the near term outlook. The most recent report warns that there is, quote, now aggressive