Hello im daryn jordan this is counting the cost on aljazeera your weekly look at the world of business and economics this week. We are now the number one producer of oil and natural gas anywhere in the world. We are independent and we do not the. Middle east Oil President trump wants u. S. Troops out of the middle east we take a look at the trillions spent on wars and the billions of men taining us military bases. Also this week the hog and pork industry has taken a hit from african swine flu in china and asia but does the Meat Industry need to change to save the planet. Frances digital tax on. Big Silicon Valley tech good could escalate a trade will with the United States well right now there are 200000 u. S. Troops station that more than 800 bases in 70 countries and territories outside the United States despite President Trumps pledges to end the endless wars the number of troops in the middle east has increased well the assassination of iran 2nd most powerful figure a cost him sin
Military bases. Also this week the hog and pork industry has taken a hit from african swine flu in china and asia but does the Meat Industry need to change to save the planet. Frances digital tax on big Silicon Valley tech that could escalate a trade war with the United States. Well right now there are 200000 u. S. Troops stationed at more than 800 bases in 70 countries and territories outside the United States despite President Trumps pledges to end the endless wars the number of troops in the middle east has increased well the assassination of iran 2nd most powerful figure cost him soon the money by u. S. Drone strike has led to the deployment of more troops to iraq and one iran hit back and tensions appear to have eased for now a shadow war goes on which raises the question how much does the United States spend on its presence in the middle east well since 911. 00 taxpayers in the United States have spent 6. 00 trillion dollars on wars in afghanistan iraq and syria thats according t
Troops out of the middle east we take a look at the trillions spent on wars and the billions of men taining us military bases. Also this week the hog and pork industry has taken a hit from african swine flu in china and asia but does the Meat Industry need to change to save the planet. Frances digital tax on big Silicon Valley tech that could escalate a trade war with the United States. Well right now there are 200000 u. S. Troops stationed at more than 800 bases in 70 countries and territories outside the United States despite President Trumps pledges to end the endless wars the number of troops in the middle east has increased well the assassination of irans 2nd most powerful figure qassam soon the money by u. S. Drone strike has led to the deployment of more troops to iraq and one iran hit back and tensions appear to have eased for now a shadow war goes on which raises the question how much does the United States spend on its presence in the middle east well since 911. 00 taxpayers
Season jpmorgan crushes estimates, citi and wells are mixed ahead of the open. Plus sustainability is becoming the new standard, blackrock ceo saying the Climate Crisis is about to trigger fundamental reshaping of finance. And the tesla rally rolls on shares now up more than 100 in the past three months alone. Well start with bank earning, jpm, chase, citi, each posting better than expected results. Wells fargo shares moving lower on its miss. New ceo charlie sharp our cost structure is too high and i believe there are many areas where we will be able to increase our rate of growth. Efficiency really the story on wells, jim well, i got to tell you, im a total believer in Charlie Scharf and what he did at visa hes the most technologically inclined ceo in the bank group it has the most opportunity after this washout it is a washout. I dont think charlie will waste any more time. He has to address these things and he will. In the meantime, jamie diamond, what can i say about jpmorgan . It
Secretary Steven Mnuchin on the u. S. Economy and Financial Stability. He talks about Digital Currency, World Bank Lending at the potential impact of Climate Change. Ready to go . The committee will come to order. Without objection, the chair is authorized to declare a recess of the committee at any time. This hearing is entitled promoting stability, reviewing the administrations regular approach to Financial Stability. I want to inform all concerned that this meeting will end at 1 p. M. Per the request of the secretary. I now recognize myself for four minister give an opening statement. So let me welcome back secretary mnuchin. Today we are here to discuss the Trump Administrations actions that have undermined and not promoted our nations Financial Stability. As ive said many times before, i am very concerned about this administrations actions to eliminate important protections for consumers, investors and our economy. It appears that our banking regulators are following that te dereg