Everyone he wants us and our country in the right direction. I thought id say little bit about my story following up on what steve said. By telling you a little bit about where my strongest challenges have been. When i was in middle school i went to elementary and is a tiny town with about a hundred people then. Its gotten smaller since. And i went to a consolidated middle school in afton iowa and i had a long bus ride, 45 minutes each way on a good day. And one day i was in middle school and the bus was driving through afton and its a very small town. And has a little tiny town square, and the bus came to a stop because there is an honest to god traffic jam. [laughter] in afton iowa. And the bus was stopped and kids started to get rowdy. Theyre saying lets go lets go, where we stopped. Lets move lets go. And the bus driver, she shouted back the bank is closed. In some smart alec at the back of the bus who may have been me, shouted of course its closed, its 4 00 oclock. Because remembe
Also taking a look here at the curve as well as bonds like i mentioned, 194 is where we sit on the 10year. Time for Global Exchange where we bring you market moving news from beijing to new delhi to washington and los angeles. Our bloomberg voices on the ground with this mornings top stories. We begin in asia where the chinese president is in macau to celebrate the return to chinese rule against the backdrop of unrest in china and calling for macau to diversify its economy. With the return of hong kong and macau to the moreland, it is completely up to china to handle the affairs of the two special administrative regions. There is no need for any external force to interfere. Alxy joining me is tom mckenzie the china open coanchor. What did you learn by the speech from mr. Xi . Tom he was there to mark the 20th anniversary of the handover and swearing in of the chief executive. Macau as a reminder is the worlds biggest gambling hub, bigger than vegas with a monopoly on the industry in ch
A tie for of the flag of colombia and just to remind people that the g. D. P. In 2018 here was 518000000000. 00 down from 637000000000. 00 in 2017 thats mostly due to their currency falling they took a 57000000000. 00 loan out from the i. M. F. Of which about 44000000000. 00 has been paid they did also issue in june of 2017 a 100 year bond and it was oversubscribed they sold 2750000000. 00 worth at a 7. 9 percent yield all those people are down by over half and into this situation so you know we are outsiders were trying to observe what we see here and just be aware that you should do your own research of course because as difficult as an english speaker with out much spanish to know fully all of the players and whats going on here no stocks or what the a. T. M. Fees its like 10 percent and higher over 10 percent if its a good 100. 00 or whatever no because youre only allowed to take. Oh 85. 00 a day yeah. Yeah they charge me 11. 50 to take out the 85. 00 i was thinking about Interest
Brent at a threemonth high, gold at 15. 12. The year end rally, the s p biggest yearly return in seven and nearing its best gains in more than 20 years. Plus ecommerce sales hitting a record, amazon saying billions of items ordered world wide. Boeing still on watch, new documents revealing whats being called quote very disturbing revelations. As 2019 heads into the home stretch, all three major indies says are on track for a fourth straight month of gains. They have surged as last months selloff we remember december 26 when everything rallied 5 . We were bottoming that horrible Christmas Eve when we had first concerns about a tariff war increasing. Then we had the Federal Reserve raising rates on the 19th. That created a cascade, four down days in a row culminating in the down day on the 27th, on the 24th and turn around today. Meanwhile, the year, if you look at the percentage of up days, almost 54 , which is i think only the folks said only five years since 1928 have you had a more c
Finally beginning to understand less is more when it comes to fossil fuels but is the World Economy ready for the dramatic change that is underway well find out in this edition of made farewell fossil fuels when you consider germanys biggest Infrastructure Project at the moment is a gas pipeline youd be justified in thinking not much has changed in terms of Energy Politics nor stream to transports natural gas from russia directly to germany via the baltic sea all green policies notwithstanding germany is still dependent on fossil fuels. In lieu of means on the northern german coast this is where the norths train to pipeline reaches western europe after passing 1200 kilometers through the baltic sea. The north stream project bypasses the previous transport route through ukraine. Gas market analyst heiko norman says that was clearly the aim of nordstroms main shareholder russian state owned cats from there was resolved you know since more than the russian side claims that neither north s