Family scattered across the globe. To get food to. Turn back to the troops get them in a mug. Shot finally from somalia live around the world. Urgent assistance of. The family starts october. While tens of thousands demonstrate for Climate Action around the world in germany announces a 50000000000 euro climate Protection Plan to tackle the crisis industry reactions are mixed. On the show well take you to the south of spain one of europes main agricultural regions to see the devastating effect of Climate Change. And investors in paris announced a 5000000000 euro pot for tech firms hoping to pull them away from other tech specs. Its time for business on the w. Welcome to the program the German Government has announced a 50000000000 euro climate Protection Plan to help the country reaches 2030 climate goals some economists say its a good start others criticize the price tag German Companies fear they could become less competitive and are bracing for possibly the greatest changes since the
Investors in paris announce a 5000000000 euro pot protect firms hoping to pull them away from other tech becketts. Its time for business on v. W. Im here yet again asking to have you with us the German Government has announced a 50000000000 euro climate Protection Plan to help the country reaches 2030 climate goals some economists say its a good start others criticize the price tag German Companies fear they could become less competitive and are bracing for possibly the greatest changes since the industrial revolution. The worlds biggest Chemical Company b. And south claims it slashed its Greenhouse Gas emissions by half compared to its 990 levels all while doubling Production Output that could help the companys bottom line now that the German Government plans to put a price on c o 2. Fossil fuels are about to become more expensive its a market based approach to boost investment in clean technologies. One thing is certain new Climate Friendly technologies are expensive and thats primar
Longestks based their alternatives from beijings perspective. If they remove her, they are losing streak since the 1997 conceding to protesters. Hangover. Gun control is back on the u. S. And then there is a question of who they replaced her with. Ocean agenda after double it is helpful from beijings shootings leave at least 30 dead perspective to have carrie lam in texas and ohio. Absorbing all of the criticism, shery ahn a quick check of the markets closed. The pressure and in a way protecting a local crisis from it was a risk off week. Becoming a national crisis. Paul if we bring this forward seen such a big clock or rid to 24 7 which selloff in the weekly basis since december of last year. Marks the expiry of the one that was when the fed turned down this. Country, two systems deal, everything leading up to that, tech and Energy Declines on the s p 500. Why draw a line in the sand now . The nasdaq is down almost 3 . People understand 20 47 is not the real fight. The trade outlook i
The china trade fight is clearly escalated. The president s holding on to a very strong line. Any resolution, it seems to me, pushed down the road. More on that coming up. If you combine the jobs report with the china story, heres how the market opens today. I thought we would be down about 100 points but we are coming back. We are down about 20 points for the dow. That will be 29 minutes from now. Maybe the markets taken the Financial News to mean that the fed can lower rates in the future. 600 points down the last two days, down about nine at the open this morning. The s p down about four, nasdaq down about 44. Tempering the losses. Heres another really big financial story which i dont think gets the right exposure. Interest rates. The tenyear treasury yield all the way down to 1. 88 . Money is pouring into america. Why not . Interest rates in germany today hit a record low. You want interest on a bond, you got to come to america for that and thats exactly whats happening. What a day
Welcome to power lunch. Im courtney reagan. Lets get a check on the markets this hour. A cautious day on the street stocks trading in a narrow range. The dow managed to hit an intraday high earlier, but now were in the red across the board for the three major averages with the dow down about 21 points, the nasdaq composite leading way lower by half a percent. Oil also tanking this hour secretary of state pompeo says iran is ready to negotiate about its Missile Program. The final trade details are straight ahead brian. Big oil story im sure well get more. Thank you very much. We have a lot to do. Lets kick off this hour from news from washington where else where once again, President Trump sparking new uncertainty about any kind of a trade deal with china that happening in just the last hour Kayla Tausche is following it. As the president s top trade officials prepare to continue negotiations over the phone and possibly in person later this month, President Trump was ambiguous when spea