Industry we find out if it could be game over for the likes of sony and microsoft. So as the soviet union imploded it turned its back on the african continent in the 1990 s. But now under president putin russia is making a push to engage the reason is simple western sanctions the pivot to china hasnt been a huge success and hopes of billions of dollars in investment from the middle east havent arrived in the quantities expected plus african votes count in the United Nations. Russias trade with africa rose 26 percent to 17400000000. 00 in 2017 moscow doesnt have the financial power of beijing just in 2017 trade with africa amounted to 170000000000 dollars the u. S. Is of course worried its trade with Subsaharan Africa was 39000000000. 00 in 2017 and this is what russia is doing in africa it has oil and gas deals with algeria egypt ghana nigeria and mozambique it has Nuclear Deals in place with rwanda zambia and south africa although that is in limbo while it is a big supplier of arms to
The trade fight drags on, theres going to be a recession by next summer. Right before the election. Both sides have dug in. All signs point to a lengthy fight. Thats that. Now the market. Following that huge selloff, we have a modest comeback this morning. Down 767 yesterday, maybe back up 100, 200 for the dow at the open this morning. The s p was down, what, 2. 5 yesterday. Its coming back this morning, less than 1 . The nasdaq which was down 3. 5 yesterday, back up 1 this morning. This is not a robust rebound so far. Modest, at best. Check Interest Rates. The yield on the tenyear treasury this morning coming in at 1. 75 . By the way, more rate cuts likely coming from the fed this year and rates in europe are still heading south. Hard to believe. Hardly any government over there pays any interest at all. As for the flight to safety, the price of gold this morning at 1478, up another couple of bucks. Oil, not calling that a flight to safety but a key indicator, 54 a barrel. So how you
Guarantee they will be power when they get home because of daily and frustration electricity cuts to struggling Civil Servants and millions of others this is now an everyday reality in zimbabwe. Aljazeera. Still ahead on the monitor nor have the latest on heavy monsoon rains causing havoc in their class. Party stands largest coal mine im a farmer been in the paradigm and ill tell you why workers here claim that this could be progress on solution to it and if you price is 100 years the cup. And i think arguably its luzon that wants the right in the philippines its been rather short this season but its certainly running as far north as maine where its basically the central and southern sudden philippines where the rays falling it is heaviest and thats the case in the forecast as well the darker green is where the expect to get the big southern philippines but it does just about reach. South of always in particularly almost all of indonesia is the dry season so its fairly reliably dry in
Coming in better than estimated at 18 billion, adjusted earnings coming in at a beat as well. To thears adjusted high, crushing estimates. That stock is up now by 7 10 of 1 . Going to be interesting to see the commentary on the call as well. Guy we were watching david we were watching ups particularly because they are sensitive to Global Growth and trade flows. The fact they did so well is really encouraging. Ceo atspeak with the ups the noon hour on balance of power. We have General Dynamics out with earnings, which i have to get up. Yeah, let me see. I can say that glasgow is out, and they raised estimates. David General Dynamics earning per share, 2. 77. Theres a nice beat there. Revenue was 9. 6 billion compared to 9. 3 billion estimate. This is a continuation of what we are seeing in some of the Defense Sector stocks. The Government Spending a lot of money. Northrop grumman out earlier, and the stock seems to be doing well on its earnings. It is up about three quarters of 1 in pre
And policy bill for 2020. Initial votes mid afternoon. Live coverage here on cspan. The speaker the house will be in order. The prayer will be offered by the guest chaplain, reverend Asriel Mclain, capitol hill presbyterian church, shreveport, louisiana. The chaplain let us pray. O lord, in the name of jesus, we praise you for the liberties paid for by our sons and daughters who gave their last full measure of devotion. New orleans, gettysburg, normandy, iwo jima, vietnam and the middle east. Thank you for those who marched in places like selma and montgomery. Seeking to perfect our union. Now, lord, bless this the peoples house of which it is said here served the people govern. Bless, o lord, this body, leadership on both sides of the aisle whose composition mirrors the apples orchard the washington state, to the citrus groves of florida to the sun kissed beaches of california and to the beloved bayous of louisiana. Remember our staff, constituents back home as they function as servan