In a defiling that it now owns 7. 5 of the food giant which makes oreos, ritz crackers and wellknown brands. Whats unclear is what the investor wants to do with the company. Ackman wanted the snack maker to grow revenue or cut costs or sell itself. Mondelez, for its part says they will welcome them as investors in the company. Ackman joins nelson peltz. His firm holds a 3 stake in mondelez. Well show you whats going on now in the premarket trading as a result of this and you wouldnt be surprised to see that they are sharply higher. What does he want to do with the company . He wants the stock to go up so he can sell the stock for more than he paid for. We were having a conversation off camera. Okay. Maybe he sees something thats not being optimized at mondelez the way that management is running things but what he really knows is i have enough money, 5 billion. I can make a splash and in all likelihood the stock will start going up just on that and then you agitate, you mess around, you
Get a student student loan, financial led if you have a drg conviction, the fact that you cant get housing support. There are so many issues that are really saying this is a permanent designation in society. Guest als, youre scarred. Again i have argued not using your Human Resources is one of the worst ways for managing your economy. So we have these large numbers of people who may have made a mistake, amshough many cases our judicial system made a mistake. I dont want to jare we ougth j to be fair and hones, sometimes there were mistakes made. This goes back to alarence of group schools, absence of support that would have enabled them prek to do well in school. Their shared responsibility here. Whatever the history, the fact that given where they are and were not facilitating that rejoining the labor force. The the good nlits for the politics looking at the bright side, is some of the conservatives now woe faied about money, realizing were spending more on prisons in stead of univers
Is in our interest and in a broader idea and acceptance of what it means to be an individual and what it means to be free. Thank you very much. Thank you jim. And worldwide increases of Economic Freedom this year have been driven by improvements. [inaudible] higher Government Spending and it reflects the continuation of the interventionist stimulus policy that grant was making in the United States and in the other country. Our global agenda is based on these index and their calculated using four pillar areas and ten indicators. The sensitive issues they represent surface as challenges in every region of the world. For example, while International Trade plays an increasingly significant role in the economy of the United States and other countries, unfortunately negotiations for further global trade liberalization through the have gone to a halt. The global agenda notes bright spots for global trade. The ongoing effort of a trance pacific trade agreement. As documented in 2015 index, Pro
Fraught with risk. Betty we are getting breaking industrialth korea production for the month of july, coming in better than 1. 9 , year on year. Estimates, they expected a decline of 2 10 of 1 , but we see a rebound of 1 10 of 1 . The prior month was revised lower, that is what you see a bigger rebound. Nonetheless, it speaks to the same conclusion among economists in south korea that the economy continues to grow in the second half, fueled by exports as well as domestic consumption, despite all these headlines we had the last 48 hours on north korea. Yvonne that is right. The economy is still on solid footing. But you wonder, we have heard hawkish rhetoric from the bank of korea governor. Can they continue this type of language if this north korea issue is not going away . It could start riling up markets and consumer sentiment, delay investment plans from businesses. That is the key question. We are looking to that press conference from the governor. A big day today with the u. S. Gd
Policy that worked to a goldilocks economy. Nothing has pushed me away from that. They cultivate mining, you are welcome its daybreak morning daybreak europe. I got the last the as flight back from the anna with my bags. Politics is at the top of our agenda, look at the dollar rand. Rand accelerated, rallied by 1. 7 , it gave most of that back. It give a void. We saw the highest level on dollar rand since april 12. The volatility is fairly muted every this is the chart you want to keep an eye on. Why is it so muted . ,hat rally should continue emerging market currency. The carry trade will prevail. The fact that summa has avoided you are stillve, going to see a return to form. Thats what the track later on. Lowness as usual for the and higher Interest Rate environment would drive speculators that to this currency, that to dollar rand. Thats from one or two of the analysts weve spoken to in asia. Lets talk about the risks in the market. Syncretic,s a very corporate story. Of what is goi