This is an uncomfortable day. You can say your own thoughts about those and other stories that. Make the big tech monopolies come under scrutiny and cross talk. Hello and welcome to crossfire all Things Considered im Peter Lavelle the time come for google and other Big Tech Companies theres a growing consensus the near monopoly status of many of these companies is bad for competition bad for the consumer and even for freedom of speach. No doubt Silicon Valley is lowering of. Cross talking big tech im joined by my guest bill new in london he is a privacy campaigner and c. E. O. Of the cyber crisis firm the crisis team in dallas we have. A wealthy advisor is well is a managing partner at investments and in c. Back we cross to Geoffrey Carr he is the author of inside cyber warfare mapping the cyber underworld and founder of 30 up a video streaming platform right gentlemen crosstalk rules in effect that means you can jump in anytime you want i always appreciate let me go to bill in london
Ft Still Holding ground in the big apple. First, to our top story u. S. Markets posted a dramatic slide today as global trade has spooked investors. The endt weekly losses of last year while treasuries rallied for the fourth year as the trump administrations trade spats are on multiple fronts. And the s p had its worst month of the year. We want to bring in Michael Regan from new york. A lot of Different Things going on. Where did we see the bloodshed . The bloodshed was widespread. Nine of the 11 main sectors in the s p 500 were down. Theeally stems from surprise announcement of potential tariffs on mexico. No surprise that the president is ratcheting up the immigration rhetoric with mexico. U. S. Mexicocanada have a trade deal that i think most of the market had assumed was near the finish line. It was recommended to go to the senate in mexico by the president there last night. It was believed that the u. S. Congress would be voting on is soon. That calls that into question and it te
From the central bank, which caused inflation. In the 14th meeting of the Specialized Committee for the production of government assets, 35 only from the properties of various Government Agencies were introduced for production. Before this , the minister of economy said that by the end of july this year , the revenue from the production of government assets has tripled from the first 4 months of the previous year. And the bed falls to the ground, but it doesnt eat 3,000,000 billion tomans in different parts of the country. There are halffinished projects in the country. Officials said that there are 80,000 halffinished Construction Projects in the country. Lets finish the work. In fact, people have been expecting this for decades. Things come to a conclusion that because the lack of Financial Resources has stopped. Will we approve all the projects that we do not have the masala to be fully allocated . It will take about 28 years for this existing project to be completed. Our 13th gover
200 a day are showing up in a city of 11 million people. These insane border policies are destroying our country and bidens asleep at the wheel. Inflation is still with us. Its not going down as fast as wed like, but it is increasing at a lesser rate. I think we have one more raise. Inflation is proving sticky. Come down a long way. Still have a long way to go. Im a big believer not in the fed but the free market, and i think the bond market will tell us everything we need to know. If yields come down, thats going to tell us things are better. Stuart i got to ask you about taylor swift. Love her. Stuart yeah, really a big fan. I respect her. She stayed true to herself, great music and ive been a huge fan and i love the community. Stuart one of my favorites. I better not sing on camera. Weve got a rally and its thursday, august 10. First a fox business alert. Virgin galactic launched first ever Space Tourism flight. Its a space plane, and its expected to detach from the careerer in roug
Meeting this week along with the jay powell press conference. That will be the focuses for the markets. Right now, the tenyear yield is just about where it has been the last tcouple weeks propalestinian protests continuing on College Campuses over the weekend some schools requesting Police Intervention to stop encampments. Jill stein was arrested at a protest. She said it was about freedom of speech which needs debate and dialogue at ucla, protests by propalestinian and proraisrael supporters and at state university, they paused connections to boeing after they demanded to cut ties with the weaponing Manufacturing Division the school has no investment in boeing it accepted 150,000 in donations. Boeing providing 28,000 a year for scholarships the University Paper aresident d in response to the issues. Officials in china removed restrictions on tesla cars after the vehicles passed the Data Security requirements. Just this morning, the wall street journal is reports that chinese officials