Deductions experts warned that firms with bad scores could be hit with sanctions or even lose their licenses. Its a completely new system unique around the world everything related to the company exists in a single system which produces a single score we fundamentally support this system its a positive thing to clean up things in china but there are uncertainties and one of them is that its difficult to see how the scores calculated. Its a system that still remains opaque to most businesses according to the German Chamber of commerce 7 out of 10 german firms dont know what the new social Credit System will mean for them. From nottingham the director of the university of londons s o a s china institutes the joins us save whats fading actually looking for when surveilling these businesses. Well what beijing isnt looking for is on the one hand and a very high degree of Corporate Social Responsibility being discharged by western companies and on the other hand it require him and that is we
Surveillance cameras in their premises and share the data with the government also be rated on their tax records and comply its a system that has many firms boot. A traffic light with facial recognition cross on red face a public shaming and loose social credit points in some chinese cities its already a reality even those who sort their trash incorrectly have to reckon with point deductions in some places as well as the penalties for low scores like losing the right to ride the fast train the point system is scheduled for full implementation across china by the end of 2020 and it will also affect businesses. The new system will monitor whether businesses it here to customs regulations pay taxes pay off loans or follow environmental regulations those who flout the rules face point deductions experts warned that firms with bad scores could be hit with sanctions or even lose their licenses. Its a completely new system unique around the world that everything relating to the company exists
Networks has caused tensions with the likes of germany which is keeping its options open. Its 400 years since the 1st record of african slaves or bribing in north america the book trade helped build the World Economy the good the mighty us of a have managed to become number one without it if you sort of count light it. Seems make the work for farmers like fred burton much easier back in the days of the sarver had to do it physically supported by a lot maybe very like 700 for early 18 hundreds were 1st knowledge that we have. Here and one of the. Family that was brought down from virginia that knew that the bocher industry so that benefited us with a bocher right for a number of years the back farm has been in. The families in 754. 00 fred son john is now the next generation to run the farm the tobacco days are over these days the birds specialized in hay cattle and horse boarding. Creadon races the history of the farm openly he still has some objects made by one of the slaves were prou
it began with court documents revealing fox s tucker carlson was privately skeptical of election lies, contemptuous of the former president, texting someone saying i hate him passionately even as he indicated to viewers the opposite. a dominion voting systems lawsuit, carlson was on the air lying about january 6th. reporter: the crowd was enormous, a small percentage of them were hooligans, they committed vandalism. you ve seen their pictures again and again, but the overwhelming majority weren t. they were peaceful. they were orderly and meek. these were not insurrectionists. they were sightseers. that spectacle using cherry-picked footage house speaker mccarthy released only to him was just the beginning. the former president claimed that city, state and federal prosecutors are practicing, quote, good old election interference, all caps, and then there was something else that happened that didn t get as much attention, but is important, it involves lies told by jenna el
And also a cnbc contributor. And a writer for your favorite newspaper, the new york times. There are some things from the federal reseventh. Reserve a lot of openings i l a lot of openings. And in three weeks, the president will make a decision on whether janet yellen stays or thats right. Usually the new president gives the old fed chief a a carry over. Hes a real estate guy. She has done well on starting the exit and she has done well in terms of her relationship with the president other people are eager, theyre being promoted from different circles, including up here in new york you look like the head of the he looks like he could be a ceo. Yeah. Thank mean, if thats all it took, you would be shoein same color hair as janet yellen 2529 on the s p did you see that yeah. Equity futures indicated higher this morning. Take a quick look at that. Overnight in asia, we did see positive news. There is this country up 2 on the s p. Dow jones indicated 4. Big gain yesterday for the dow jones.