Base so as you can see here its a bit of a split moving away all these operations out of china into different parts of the world but again you know these guys make i pads they make i phones they assemble these things so apple is very reliant on them now looking at the Current Situation and with these demands that apple has from them. Saying well move to one of these other countries they have operations all around the world to japan vietnam. The Czech Republic brazil and mexico but here is the issue at hand apple might be a huge 2 clients of foxconn but so is china so were looking at this 1st of all 50 percent of fox conns revenue is related to apple so massive and analysts say only about 25 percent of their manufacturing facilities are outside of china so how they expect to meet these goals. Quite clear on that but if the company says it could do so while it might be able to do so but theres another angle. Here which is political the guy whos the chairman of this company terry go he is
Global report today as the European Competition commission blocks the merger of the steel making units of indias tata steel and germanys these same crop the 2 companies had previously fact off the proposal after the e. U. Competition commission signaled that both companies would have to divest certain assets to address the regulators antitrust concerns Competition Commission our market has now effectively terminated the deal that would have created the 2nd biggest steel manufacturer in europe mr best d. J. Decisively denies the deal after many stakeholders told the commission that the 2 companies counterproposals on antitrust issues would not address their concerns the final denial may fuel calls for reform to the rules the commission runs by as the Steel Industry observers say that some consolidation is needed to stabilize an industry unsettled by events including the us tariffs on imported metals from the e. U. China japan and russia. Number. Technology firms are preparing for the lo
Of qontigo who gave us his expectations for chinas latest factory activity. Its likely to continue for a wild because it is still driven by manufacturing and dependent on global trade and, you know, geopolitical environment, and we are not having any of these right now. Even germanys Industrial Complex is sluggish a bit so its notjust china but everywhere. Global demand in mostly services is given by technical Communication Services and big tech so shows and manufacturing are a bit sluggish, yes. I shows and manufacturing are a bit sluggish, yes. Bit sluggish, yes. I want to talk about bit sluggish, yes. I want to talk about japan bit sluggish, yes. I want to talk about japan because l bit sluggish, yes. I want to talk about japan because it talk aboutjapan because it took markets by surprise in terms of what its central bank has done which makes its Bond Yield Control policy more flexible. What are your expectations about that . Inflation has been above the target for a few months so
This is is the Ingraham Angle from washington tonight. Know her name. Thats the focus of tonights angle. Laura remember after the death of George Floyd The Public was deluged with the details surrounding his death. And almost overnight a Career Criminal who resisted arrest became a racial folk hero and celebrated nationwide. Cities were burned and looted and joe biden paid tribute. It is now your purpose to change the world for the better In The Name Of george floyd. Like some others, i have watched with awe as you summon the absolute courage to channel gods grace and show the good man george was. Laura now, to biden George Floyds death was a political opportunity. You could paint police as wildeyed racist or have your surrogates do that pledge to investigate Law Enforcement and then you would maybe get more young and black voters to the polls. The chaos and the crime that his policies created would be well worth it. Women, fastforward to today. Less than a week after the brutal murder