State department has approved plans to sell 8000000000. 00 worth of f. 16 fighter jets to Taiwan Congress is expected to give the green light that beijing strongly opposes any arms deal with taiwan which it considers a breakaway province Gabriel Elizondo has more now from washington. Weve been hearing rumblings for several days now about this possible arms sale to taiwan but it was on tuesday that the white house gave formal notification to congress on their intention to pursue this arms sale to taiwan and it is a big one worth about 8000000000. 00 it calls for the sale of 66. 00 f. 16 fighter jets to the taiwanese if this goes through it would be the biggest arms purchases by taiwan in nearly 20 years now this also is part of the trumpet ministrations bigger plan since trump has been in office last 3 years or so to get closer relations to taiwan the Trump Administration has sent high level visitations everybody visitors to taiwan its opened a diplomatic offices in taipei and the Trump
Threatened with forced marriage also coming up. A blistering heat wave in europe and record high temperatures for france experiencing all time highs for a 2nd straight day and germany belgium and the netherlands sweltering as well. And the price of shares in googles Parent Company jumps after the company defies expectations and posts of big ai and profits. Im brian thomas thanks so much for joining us. They say they were forced to flee their home country after suffering beatings by family members and the law are sisters from saudi arabia and theyre part of a growing number of saudi women trying to escape the ultraconservative kingdoms repressive male guardianship system a reporter on meant the 2 women in istanbul turkey and heard how the system allows men to control virtually every aspect of a womans life from birth to death. All that. I have seen so far of use like this and changing hotel. That you are hiding from their families we cant say where they are because they are afraid of be
Welcome to squawk alley. Im Carl Quintanilla Morgan Brennan has the morning off. What a morning it is too beginning with major tech earnings four big one, twitter, amazon, alphabet and intel and intels ceo bob swan will sit down with us as we look at potential datacenter recovery, pcs and unbelievable characterization of what china was like last quarter. Yeah, surprising mix, the pull in from people freaked out about tariffs actually had some benefit, sounds like, for the pc business, of course, there were some problems there as well but interesting stock action this morning. Intel actually a bit in the red this morning it had been up as much as 4 , i believe, at the open and near there. Up kit a bit afterhours and amd higher than intel which is an interesting dynamic that ill want to dig into but, you know, beyond just intel, you have lots of different earnings story, people surprised. Google, alphabet had been in the doghouse compared to peers and a lot of people got surprised by the
Its Australian Business to asahi to 10 billion euros. And Oil Prices Climb after the u. S. Navy takes down an iranian drone in the strait of hormuz ratcheting up tensions between washington and tehran. Good morning, everybody. One of the names were very much focused on, a big mover is publicics in france, down 7. 5 the french Advertising Group has actually announced that it will be we will be getting more information on that. You can see that the stock is down about 7. 5 . Down about 15 over the last few months they have slashed their 2019 revenue guidance after delivering a worse than expected Second Quarter the Third Largest Advertising Group posted organic growth of 0. 1 , missing Market Expectations as it suffered from weak ad spending in the United States publicis put its 2020 targets under review citing the 4 4. 4 billion acquisition of epsilon for the move. Im pleased to say karen is around the desk with us. Karen is somewhat of an expert in this field and has been following pub
Level, i was president thinking about the fed like everybody else i was thinking that stel, yes, stel is a wonderful thing. Hallelujah. What do i mean by scale a company with scale is a company thats big enough and powerful enough to control its own destiny. A company that scales is one that survives and then thrives in even the toughest environment that a fed chief is worried about or anybody else. Just listen to nothing but washington scale, scale simply being bigger than the other guy, a lot bigger is an enormous advantage we saw the benefits play out today. Exhibit a, amazon. It crossed the trillion dollar threshold this morning amazon didnt become this unstoppable behemoth because jeff bezos is brilliant, which he is. It got here by leveraging scale. Amazon is dominant because its so big they use that scale to get better price from the suppliers to pass on to you. We have antitrust law because when you get big enough, well, no one can compete against you bezos saw how he could use