This is boom bust the one business show you cant afford to miss youre born washington coming up the gavel has been struck in the United States has decided to ban popular apps tick tocking we chat as china u. S. Tensions continue to climb straight ahead we break down the social media crossfire plus the fate of a Coronavirus Vaccine has a glimmer of hope as experts are aiming to have one on mass production by the end of 2020 well take a look around the globe at the state of cope 19 infections and where we stand with here and later space x. Has hit turbulence launching startling satellites as the private sector has set its sights on Space Exploration with a packed show today so lets dive right in. And President Trump has made his decision rejecting bite dances compromise of selling a portion of their widely popular social media app to talk to us Company Oracle now the president has now announced that tick tock will be banned in the United States on app Stores Beginning sunday the Commerce
Has hit turbulence launching starling satellites as the private sector has set its sights on Space Exploration with a packed show today so lets dive right in. And President Trump has made his decision rejecting by dancers compromise of selling a portion of their widely popular social media app to talk to u. S. Company oracle now the president has now announced that tick tock will be banned in the United States on app Stores Beginning sunday the Commerce Department said friday that as of sunday any moves to distribute or maintain we chat or tick tack on an app store will be prohibited this means that while users who are already have downloaded the apps may be able to continue using the software the Restrictions Mean updated versions of the apps can not be downloaded joining us now to discuss our boom bust cohost bents want to christiane theyve become the story with us all week long so thank you so much for that theres another twist on a friday ben i want to start with you because even t
Got down worldwide today it was yesterday because everything seems further apart than ever but the thing is like we were never close to phase one to begin with nothing has changed the narrative has not changed since i was even earlier this march the end furthermore everyone now theyre looking at the december 15th deadline because thats really the backstop for the entire phase one deal right now thats the backstop and thats the leverage at present temporarily has and right now analysts are saying that if this tariff goes into place that will be terrorism 156000000000. 00 worth of goods and for the 1st time ever this will affect consumer goods and electronics so its funny because both sides keep sounding like phase one is close were almost there beijing same meetings will make make this happen like were going to get it together well get it done but then as they talk about it the closer they seem to get the more they kind of up the terms of what they was trying to keep saying well we want
A bearish cycle for the Worlds Largest cryptocurrency weve got a lot to get to on a very busy day so lets get started. And we begin with fears that in fact there will be no phase one trade agreement between the u. S. And china at least not this year and those fears are translating into lower economic forecasts for not just the u. S. And china but really for Global Economic growth the organization for Economic Cooperation and development said on thursday that the Global Economy is now at risk of settling into a quote low growth rut the o. E. C. D. Has now lowered its forecast for Global Economic growth in 2020 to 2. 9 percent from the 3 percent expected in september meanwhile the c. E. O. Said thursday that members of the g 20 continue to impose restrictions on imports in the 6 months through october with new measures affecting 460400000000. 00 in goods kristie as we do each day lets talk about this because 1st of all as we mentioned on wednesday right there is talk to. This phase one d
Each day lets talk about this because 1st of all as we mentioned on wednesday right theres talk of this phase one deal between the u. S. And china may not get done this year which really isnt a big surprise it would take what about 5 weeks for a deal to be signed and were already up against it based on where we are in terms of the calendar but even though you know that would be assuming everything is ready to go right now but it seems like both sides u. S. And china are further apart than theyre pretending exactly and this is as you said like it would take certainly a long time and the markets really shouldnt be surprised by this so the markets got down worldwide today it was yesterday because everything seems further apart than ever but the thing is like we were never close to phase one to begin with and nothing has changed the narrative has not changed since i say even earlier this march the end furthermore everyone now theyre looking at the december 15th deadline because thats reall