Democracy. Next, on capitol hill policy advocates testify on ways to protect consumers from unsafe online counterfeit goods. The Senate Judiciary subcommittee hearing focused on the rapid growth of counterfeiting on ecommerce platform. This is about an hour and a half. [background noises] this will come to order like to thank our witnesses for participating today. I would also like to thank a Ranking Member tillis and his staff for working in a collaborative way to put this hearing together. I would like to welcome senator geraldo. This is our fifth hearing of the subcommittee this year. Center tillis you and your team continue to be great partners in moving forward. Just to set the stage more broadly on the focus of this hearing, Online Shopping has expanded your dramatic has exploded in recent years. Last year, sales exceeded 1 trillion for the first time as millions and millions of americans turn to Online Platforms for ebay to amazon to find the brands they trust at the prices they
And dialup shares slide after the german chip maker says apple could design the car chips in the next few years. Takinga look at the European Market this morning you can see there is a lot of green on the board there across the europe 600 you can see a rise of almost 3 4 of 1 if you look at the specific sectors driving that upwards movement we can have a look right across some of those sectors in particular industrials doing very well this morning. Up almost 1 1 4 and take a look at the European Markets across the wide sector. Ftse 100 there up 4 5 of 1 . The cac karant up 1 lets talk about trump and tax in the United States he says confidently theyll reach a deal after the Senate Approved its version of the legislation over the weekend the plan includes cuts to individual taxes and the corporate rate by nearly 1. 5 trillion over the next decade but it eliminates some popular tax breaks a Nonpartisan Group says it could add 1 trillion to the deficit. Theyre reconciling their respective
Korea the offers and all of branch. And what is it about new years day that makes people want to jump into really cold water well take a look at that and some of the other things people get up to around the world on the first of january. And its good to have you with us reports from iran say more protests have erupted in the capital Tehran Police say one officer has been shot and killed and three others injured last night the country experienced its worst night of violence since the protests started last thursday at least thirteen people have now lost their lives. This footage has been provided by demonstrators people have been on the streets in various parts of irans since thursday protesting conditions in the country and this is footage provided by Iranian State t. V. Which claims that protesters are violent and that some have damaged a. T. M. s buildings and other property and also claim that some protesters tried to take over police stations and military bases. On monday Iranian St
American Foreign Policy if hes perceived to be embattled if hes perceived to be weak then. The officials that hes talking to that hes trying to persuade will not put as much credibility into what he says and he will be much less effective but the report apparently hasnt changed the president s view of tillerson young very honored by his coming to his fake news it was a totally phony story thank you very much was made up made up by n. B. C. News you know thank you thank you total confidence and the one thing we know for sure this is a president that cannot stand even perceived slights his secretary of state coming out quickly to say he didnt insult him making sure he doesnt join an already unprecedented and long list of people who the president has told your fired. Aljazeera washington the nobel prize for literature is awarded to british novelist because hes a guru a swedish Swedish Academy announced as when in stockholm the writer who was born in japan is best known for his book the re
A warm welcome to you. This is Worldwide Exchange on cnbc im wilfred frost. Sa sara is off today. Lets get to the Global Market picture. Losses yesterday the dow was down 0. 2 . The s p down 0. 4 the nasdaq the laggard down about 0. 6 it was a broad selloff 10 out of 11 sectors were down te telecos were the worst sector. But we had had six straight gains for the dow and s p, and decent gains last week for all three indices. This morning were pointing higher just under a tenth of a percent for the nasdaq and s p the dow up 0. 2 this morning we saw yields get close to 2. 4 the back end of last week, but we slipped back a bit. Rising a fraction. Still not above 2. 4, but 2. 39 you can see that pick up in yields weve seen over the course of october. Lets look at asian equities japan was the stand out performer yesterday after shinzo abes resounding election victory. Today up about a half percent. Hong kong down 0. 5 . Shanghai slightly higher an update from china on the latest out of the c