66000000000. 00 in financial rewards for being a member of the w t o nevertheless the World Trade Organization has come under considerable pressure recently the United States its biggest beneficiary remember in particular is blocking the work of the w t o which includes 164 countries well for more lets bring in now our Business Correspondent andrea hang in singapore andrea given those figures one cant help wondering why washington and beijing would jeopardize all the success. It would seem like a no brainer monica but one could say that its because both countries are simply unhappy and frustrated with how the deputy all are handling that exchange dispute and it seems to be a common complaint about. That it just simply takes too long for cases to be a result now with regards to the us china trade war theres obviously a lot of urgency and delicacy that needs to be used and applied when it comes to resolving it and it just doesnt seem like a lot of people are seeing this on the b. T. O. A
Striking distance, stocks are on track for what would be well see, the first loss in four sessions, but really cant get much of anything out of the future moves right now plus, deal or no deal, tmobile sprint battle heads to court. 13 state attorneys general led by, of course, california and new york are seeking to block that merger. And it is an m a monday, we have two big premium deals in biotech, sanofi and merck. Im going to get to that jim does too stock picking so important there in terms of figuring out where those premiums are going to end up stocks overall set to look for a modest open this morning, this after fridays jobs report rally. That resulted in the s p erasing its losses for last week trade once again in focus here, heard jim talking about it on squawk box. The next round of u. S. Tariffs against chinese goods set to go into effect, this sunday so we are now counting down. And new data Shows Chinese exports to the u. S. Fell 23 in november i dont know how much more th
Wisdom turned bearish. All morning. We keep hearing the same thing from the socalled experts why wont this darn market stay down wheres all this money coming from dont people realize the earnings will be down this year versus last . Thats a negative litany i hear everywhere i go, even colorado even with that u. S. Air force academy. People still betting on recession. They think this is merely a fed mandated bubble and the buyers are going to get crushed and that i am way too positive the but every day something happens that contradicts the bari bearish narrative. I get it its hard. I admit it the pessimists are looking at all the wrong things i have to let you know where theyre going wrong so you dont make the same mistake. Ill walk you through individual stocks that i got wrong. Okay exhibit a. Hpa. They reported an okay number just okay. And its beloved ceo stepped down for Family Health reasons bad. And lore Enrique Loris took his place. Before the plan was announced, the stock of h
These are your markets with a little bit of uncertainty because of a drone attack in saudi arabia over the weekend. Trying to figure out the implications for the middle east and geopolitical tensions. This is what we are seeing in european stocks. Crude oil off the highs we saw the last couple of days where it surged from 17. Press conference from Boris Johnson yesterday, a little bit of weakness when it comes to pound. Watch out for the Supreme Court hearing. We are expecting it couple of days but it starts today on the thingsy of some of the parliament but also the government are trying to do with brexit. Economic nobelhe prize winner coming up at 11 a. M. London time. Lets get the first word news. Vivina in the u. K. Is where we begin. The Supreme Court starts hearing the case against Prime Minister Boris Johnsons suspension of parliament. At the center of the debate is if the decision is a matter for the court. The court may not rule until next week. President trump says the u. S.
Decade. Bellbottoms, disco, bad hair. In recent years historians have seen that its very important. In some ways more important in the 1960s which gets a lot of the attention. One of the themes that i talked about is calling this era the age of limit. Will get to what that means. We will talk about that and we will talk about the question mark. We will discuss the import of the decade and the influence it had, not just on 1880s but down to our time today. Recapping what we talked about earlier, we see in the 1970s a profound loss in the american institutions. Driven by nixons resignation over watergate of 1974. The final end of the vietnam war. You see the photo of helicopter of the u. S. Embassy picking up the last of the vietnamese soon to be refugees out of the country. The loss of the war was devastating in many ways for the United States. It really showed that one of the world superpowers had a big achilles heel. Had a bill of big effect on the military. The Antiwar Movement have