Opportunities for irritants on one track to inflame problems on the other. The region schwarten war has now begun to spread to other sectors stoking fears of recession now for a deeper dive into a global perspective on the reach of the taso we turn things over to our g. s our monsters doka who brings us the view from on the ground in hong kong. The u. S. China trade war is still ongoing with no end in sight and with rattle markets in recent weeks many fear a possible recession but President Donald Trump claims were far from it. I think the word recession is a word thats inappropriate because its just a word that the. The a certain people are going to be kind of certain people in the media are trying to build up because theyd love to see a recession were very far from recession he went on to say the u. S. Economy is doing very well adding china wants to make a deal the fact is somebody had to take china in my life would be a lot easier if i didnt take china on but i like doing it becaus
Under fire yet again as they face a Super Walmart over solar panels our correspondent alex mahela just standing by to break down the trouble for the electric giant can one show really cover all that were about to find out go. A threat of sanctions over an arms deal leaves our globe report today as Chinas Foreign Ministry says it will target any u. S. Company involved in the sale of advanced fighter jets from the u. S. To taiwan the island nation and u. S. Ally plans to pay a 1000000000. 00 for 66. 00 f. 16 v. Fighter jets made by the Joaquim Martin corporation beijing still considers taiwan which was founded after Chinese Nationalist forces retreated from the mainland to be a renegade province of their country and previously threatened similar sanctions after a separate u. S. Sale of missiles and tanks to taiwan was announced last month while the chinese sanctions may not have a significant Economic Impact since u. S. Defense contractors are already barred by the u. S. From selling to
Helping you and your investment staff run the private equity, real assets allocation and some are in the audience today and youll hear from them when we go through some of the other revi reviews. To recaso to recap on page one t we would like to cover, one hasw is a private Equity Programme doing and the 2018 review and progress and three, the current market environment and what were doing in recommending in terms of positioning the portfolio and private equity portfolio to that context. So how is the programme doing . In short, youre doing well. Tanya mentioned performance and you performed well across all metrica and the private private Equity Programme is a strong contributor over the short and longterm. 201 was particularly strong with a 17 gain in private equity and this is compared in the markets which lead to an overall year of negative return in the public equity markets. The programme stands at 20 of planned assets slightly above. Strong to the outperformance and appreciation
Some the emerging markets exposure comes through asia and latin america. That brings me to the next page, 17. On the coinvestment front, spurs has been active. Though measured in gradual and in the implementation. Spurs made the first coinvestment in the private equity portfolio in 2014 and since has made an additional 11 coinvestments. Eight of those were through the commitment to Asia Alternatives and its fund heavtofund manat and four were outside. In each case, they were with a manager spurs has invested with and has an existing relationship through the portfolio. So they highlight that staff did a good job of existing manager knowledge to enhance execution capabilities in the coinvestment portfolio. Together, these coinvestments represent close to 200 million in commitments with an average byte size of 15 million which we feel is appropriately sized relative to the byte size at the fun level. And lastly, ill highlight spurs has been disciplined. Its 20 of the private equity and th
we have lots of news to cover and lots of questions to answer. let s get started. paying the price, a jury, rudy giuliani s peers finding him on the hook for nearly 100 and $50 million for his defamation of two georgia election workers. giuliani is vowing to a peel no amount of money can make up for the damage he caused with his lies. msnbc legal analyst is standing by to break down what happens next. plus, forced to flee, a texas woman who own health was at risk due to an in viable pregnancy is forced to leave the state to get an abortion. this as the conservative-leaning highest court in our country is set to weigh in again on the future of reproductive rights for the first time since overturning roe v. wade. we are going in-depth ahead. later, step-by-step, the aapi o start-up that is changing the sneaker game one step at a time. we talk to the cofounders. good saturday morning to you. all i m katie phang. a stunning defeat for the man once known as america s mayor. on