Corruption allegations. And banking on having a conscience black lives matter campaigners call on londons financial powerhouses to pay reparations from fortunes built on the back of slavery. Youre watching are to international bring you your live news update from our studio here in moscow welcome to the program. Another day another wave of confrontations between the u. S. And china beijings weighing up its response to donald trump stripping hong kong of its preferential trade and economic status. Me from. The us act militias least landers hong kongs National Security legislation and grossly interferes in hong kong or theories in chinas internal affairs the Chinese Government strongly opposes this and strongly condemns it the u. S. Sides attempts to obstruct the implementation of han const National Security law will never succeed in order to save guard its own interests china will make the necessary sponsor and impose sanctions on relevant u. S. Personnel and panties p. Is concerned wor
Dead flat to start the morning but you never know, of course, where it is going to end up and thats why you have to watch every minute. I promise. Take a look at this. The nasdaq in record territory, fueled of course by big tech and for those of you who wonder why we talk about these stocks so much, here is why. They are all going to open at record highs, starting with amazon. Today will make six days in a row that it has hit an alltime high. Apple at 384 bucks, that stock up 40 in a month. Microsoft, 215. That stock is up 25 in a month. Facebook also continues to surge, despite an ad boycott and negative pushback from civil rights groups. Netflix, clear lockdown winner and its been said on this program that we are indeed entering the golden age of streaming. We will talk about all of these stocks and more, tech winners throughout the program. They are remarkable. Its going to be a big day at the Supreme Court. It is the last day of the term and a decision on whether to release the pre
Also his rhetoric reiterated when it comes to china, saying china should have kept the virus where it was and could have stopped this virus spread. These are the latest lines coming through, the president saying trump the u. S. Can deal with the flareups. We are seeing with stocks we are basically coming off some of the lows but still heading lower today, u. S. Futures extending losses to more than 1 now. Jakarta coming online. We have a Bank Indonesia decision today, expect some type of rate cut. When it comes to india we are watching the standoff on the border with china. Besides continue to talk. They are pledging to deescalate after the deadly clashes. Here is what we are watching out for, not a lot of catalysts. Looking at the dollar, it is very much on the stronger side and youre seeing the likes of the aussie dollar reacting to those unemployment numbers which was a big miss. U. S. 10year yield, seeing bonds that are up as well and the china 10year yield is what we are watching
Businesses dont go anywhere americas war starts right now. Millions of americans are struggling to get their stimulus checks but even if they can get through the iris web site they can still have banks steal their money join me to talk about this is fair and cousins editor the national trialware magazine this this story i guess its no surprise right this whole litany the whole nature of this legislation was to put money in the hands of people so they could eat so they could pay their rent now we see the threat of banks saying what well the banks are saying hey you have Overdraft Fees from a couple years ago oh youre youre behind on this payment that you know this debt that we hold for you were going to steal your money and the worst part about this is not. Just the fact that the banks are doing this its that this was intentional this was intentionally put into this piece of legislation because they wrote in a provision congress did as part of the stimulus package here that the federal
Instead the rule says were going to leave it up to the treasury run by steve maneuver the banker hill decide if banks are allowed to take your money and of course minucci did the very predictable thing which was to say absolutely banks if somebody owes you money this stimulus check is going right into their account at your bank you can go ahead and keep it that is what they explicitly told the bank teller and extent the bill exactly limit you the back story a little bit more Treasury Department is having this massive webinars telephone conference with banks all over the all of the u. S. And they they say by the way is it ok if we take this money that comes to us the 1200. 00 check and if they owe us money on overcharges are they on us money on delinquent payment on a loan that we can take that money and real cutesy she says well you know theres nothing the explicit that says you cant add other words youre right they understood this when they went into it. 1 understands that hes looking