A quadrillion worth of worth close to rivet of that if the mark to market would would be greater than 5 times global g. D. P. This isnt in fact the beginning of lehmann to point out. This is a boom bust broadcasting around the globe and covering the world of business and finance and the impact upon us all im daniel fredo in washington heres a look at whats on deck today the truth is war could finally force a Major American Company out of china but instead of coming back stateside as promised they could be having elsewhere in asia. Its mahela which is standing by to break down apples potential plan to dodge the trade war the Federal Reserve meeting has markets on the move peter schiff of Euro Pacific Capital is on hand to break down the details and wall to get a glance at global bond sales and later while china has seen souring ties with some American Companies theyve also been opening their Capital Markets to some other foreign firms ford which of the british. Business Association Join
At least return to the table. And the follow from a trade war is already being felt around the globe by consumers at the Cash Register and by firms who operate in china and they have been facing rising pressures from both sides of the pacific now some American Companies are considering opting out of production in the peoples republic does that mean that the terrorists which were supposed to bring jobs back to the United States worked well funny story not exactly here to help break down some major moves in the Manufacturing Sector as arties own alex mahela that you joins us from toronto alex one of the big names pushing for moving jobs out of china is apple what can you tell us. Thinking of moving 15 to 30 percent of their operation out of china and its also speaking to some of its partners like foxconn the Taiwanese Company and telling them a you know what maybe you should think about doing the same now heres issue foxconn about 75 percent of their operation is in china and at the same
There were culture industry, there were Culture Committee hearing is 4 hours. If we cant. Is an here . I guess whichever. The meeting will come to order. Ladies and gentlemen, we are at a very historic moment for our nation. Who would have thought of it even as soon as just a few years ago that we would have this golden opportunity to provide electricity that would motor our vehicles but was bringing on some serious questions and serious issues so that we know what it will take to make sure people in this country are well aware and will be able to take advantage and enjoy this movement, this Great Movement we are making to transition from petroleum to electricity. I want to welcome everyone to this hearing especially our witnesses because we are looking to you to tell us what this means. What does it mean for jobs . What is the impact that this will have in Rural America if we do not move and make sure those in Rural America can enjoy and be productive from the move we are making. Im s
There were culture industry, there were Culture Committee hearing is 4 hours. If we cant. Is an here . I guess whichever. The meeting will come to order. Ladies and gentlemen, we are at a very historic moment for our nation. Who would have thought of it even as soon as just a few years ago that we would have this golden opportunity to provide electricity that would motor our vehicles but was bringing on some serious questions and serious issues so that we know what it will take to make sure people in this country are well aware and will be able to take advantage and enjoy this movement, this Great Movement we are making to transition from petroleum to electricity. I want to welcome everyone to this hearing especially our witnesses because we are looking to you to tell us what this means. What does it mean for jobs . What is the impact that this will have in Rural America if we do not move and make sure those in Rural America can enjoy and be productive from the move we are making. Im s
Order. Without objection, share off the rise to the clearer recess at anytime. This hearing is entirely on youll test when it secretary the treasury of the state of the International Financial system. Without objection, all members of five minutes within which to submit extraneous into aerials to the chair for inclusion in the record. I will note of the outset of this hearing we have a hard stop as a crew to see the secretary at one pm this afternoon. We will strictly observe it. Now i recognize myself for four minutes to get an opening statement. Welcome, secretary yellen. I appreciate you being here today. Todays hearing is about the state of the International Financial institutions. I want to take a minute to talk about the debt ceiling crisis that we narrowly avoided. First, were all glad that they seized behind us and. No one wanted to default no legislative branch official no executive branch official your statement says waiting until the last minute hurts american credibility i