There good morning just going to moscow youre watching international the us President Donald Trump trying to cancel his state visit to denmark because the countrys Prime Minister made some quote nasty remarks he had offered to buy during and from the danes but that was quickly rejected. The Prime Ministers statement that it was absurd that was that it was absurd idea was dasti i thought it was inappropriate statement for she had to do is say no we wouldnt be interested youre not sure at this because youll know it all competes in absolute discussion and a Prime Minister of greenland has of course made it clear that greenland is not for sale and thats where the conversation and. Dont say what it absurd idea that is because hes not talking to me. He is being hes not talking to me hes talking to the United States of america you dont talk to the United States that way at least under me where the marks queen he would have hosted trump express shock at his abrupt cancellation greenland is the
Billionaires was growing the wealth of the poorest half of society. And its not as easy as it looks our correspondent takes to the skies with russias elite Aerobatics Team before the luxor air show. A valuable thing. But what. About. A very warm welcome to the program from all of us here at our teacher here in moscow thanks for joining us this hour. U. S. President all interim claims he canceled his state visit to denmark because the countrys Prime Minister made some quote masting remarks and offered to buy greenland which is a danish dependent territory but that was quickly rejected. Prime ministers statement that it was absurd that was that it was that absurd idea was that asked the i thought it was inappropriate statement well she had to do is say no we wouldnt be address that youre not sure. Its an absolute discussion and to Prime Minister of greenland has of course made it clear that greenland is not for sale and thats where the conversation and. Dont say what it absurd idea that
Rid of that. Yeah. But that they. Are watching arent International Coming to our from the russian capital where its just turned 7 pm welcome to the program. U. S. President all term claims he canceled his state visit to denmark over the nasty remarks of the countrys Prime Minister he had offered to buy greenland which is a danish dependent territory but the offer was quickly rebuffed. Prime ministers statement that it was absurd that was that it was that absurd idea was that the daughter was inappropriate statement all she had to do is say no we wouldnt be address that youre not sure. Its an absolute discussion and to Prime Minister of greenland has of course made it clear that greenland is not for sale and thats where the conversation and. Dont say what it absurd idea that is because hes not talking to me. Hes not to appear to me you dont get to the United States of america you dont talk to the United States that way at least under me. Denmarks queen who would have posted trump expres
[inaudible conversations] the hearing will come to order. Today we will receive testimony from david marcus head of libra at facebook. On may 9 senator brown and i sent a letter shortly after it was reported that company was recruiting Financial Institutions and online merchants to launch a cryptocurrency based Payment System using a social network. We asked space bar for more information how the system would work, access and use of Consumer Financial information and facebooks access to use of information on individuals or group of individuals for credit or insurance or housing i appreciate facebooks response last week. Shortly after the letter was sent facebook formally announced its intention to launch the Payment System libra and issued a white paper providing information on the project. Since then us and Global Regulators have taken notice including the Federal Reserve, reserve, Uk Financial Conduct Authority and a stability board, g7 and others for the last week during the Federal
Josh, great to see you. Glad to be here a tight trading range for the major averages this week. Yeah. How would you sum it up so far. I think whats interesting is there seems to be this rotating cast of stocks that are working against the averaging, so today is transport i think three out of the worst stocks are railroads, some of the big ones being hit hard. Theyre not very important in terms of waiting, but very important in terms of people paying attention, either because theyre technically inclined and because they think thats a important technical indicator, or theyre people that think its an economic story that needs to be understood, and theres some skinned of bowling pin effect but i think the bigger story is that some very important stocks to the market cap weighting of the s p, netflix being a reasonable story as well theyve gotten smacked down where they could have broken out. And netflix having a tough week. And thats got an impact on psychology and on the construction of t