Hello and welcome to crossfire were all Things Considered im Peter Lavelle 70 years ago this week china started down the path of communist rule over the past few decades china has emerged or rather reemerge as the leading world rivaling the us the communist party can rightfully claim a string of stunning successes but challenges remain whats next for chinas extraordinary revolution. Chinas revolution at 70 im. Joined by my guest fred tang in new york he is president of the american China Public Affairs institute in hong kong we have Andrew Wilson he is an international and independent china strategist and in knoxville across the same issue she is c. E. O. Of china Rising Capital forecast a Research Technology company all right in effect that means you can jump in anytime you want and i always appreciate sarah let me go to you 1st in knoxville the 7 do they honored verse 3 of the. Communist china the advent of establishment of the communist state of china is a remarkable event it out th
Morning. Great to see everybody this morning. Welcome. A lot to talk about and we have a big show in terms of our lineup. We have the former ceo of the New York Stock Exchange. Also joining us. A former secretary of state in the coauthor of to build a better world. We will talk about Foreign Policy with Condoleezza Rice this morning. Washington examiner chief political correspondent. The exit from the white house. Dr. Mike talking about the dangers of the pain. We kick off this morning with the remembrance a day we will never forget. That is september 11, 2001 at the date the United States suffered its worst terrorist attack in history nearly 3,000 americans died on that day in new york city in washington dc. , in pennsylvania, present trump takes place takes part with a moment of silence. Of course, we have our own stories we know we have our own memories. The spin was given to meet with my dick carrasco. It signifies at the number of First Responders that died on that day because of
Oil slides into a bear market as trade tensions add to slowing demand. Brenda cost 20 since its april high. Cost 20 since its april high. Shery stocks rebounding. Treasuries paring back some of the earlier sturges we saw this week not to mention the dollar surges we saw this week, not to mention the dollar. We had brent falling more than 20 since its april the and sliding into a bear market. This despite the fact that we are seeing eight consecutive weeks of your talk piles declining u. S. Stockpiles declining. 1. 4 . Sdaq gained lets futures at the moment under a little bit of pressure, down. 1 . Lets see how things are shaping up in the asian markets as we have a few centralBank Decisions. Sophie it could be a mixed start for the asian stocks after a fiveday loss with several major market threatening to join the kospi, writing our yeartodate gains. Wiping out yeartodate gains. Check out tv stocks, jumping 1 one hour into cash trade. 10year gilts hovering around 10 . The aussie dollar
Musk and ford, a rough road ahead for the automaker. Those shares head for a lower open today well tell you why all this earnings news plus an ecb meeting. The European Central bank expected to lay out the ground work for policy easing down the road and this could put more pressure on fed chair Jerome Powell to do the same. Its thursday, july 25th Worldwide Exchange on cnbc begins right now good morning welcome to Worldwide Exchange. Im dominic chu in for Brian Sullivan the dow looks to be hovering around flat at the open. We would open up around 24 points for the dow if these futures gains hold into the start of regular cash trading. The nasdaq and the s p 500 coming off alltime intraday record highs and closes. The dow is less than a percentage point away from joining that alltime high club as well. On the bond market side of things, were watching yields as we do every morning here a tick lower tenyear note yields moving to 2. 3 thats a sharp move to the down side the twoyear note yi
To National Security and they do not like what he did. Then he went to japan and made nice with them and said they need to step up in terms of their trade talks. The president pushing on trade. Lets go to brussels and maria tadeo. Youre talking about continue negotiations. There are continue negotiations there to figure out who runs the place. Maria european leaders were locked in a room for 19 hours, that is a new record, and they had to nominate the head of the european commission, the manner woman who replaced jeanclaude juncker. One of the most important political jobs in the European Union but they were unable to get the job done. The fingerpointing, the blame falling on Angela Merkel, the allpowerful german chancellor who was unable to bring in her own christian democrats tobacco deal that would have seen a socialist two back a deal that would of seen a socialist the thinking is Angela Merkel has given away the prize in europe. It is unclear if we could see a compromise play out.