Good spirits. This hour brings earnings for samsung. A crucial report amid the virus disruption will show how the chip industry is weathering the global storm. Shery lets start you with breaking news out of south korea. We are getting become your current account balance. Right now, the surplus coming in at 6. 41 billion. Also for the goods trade surplus ining in at 6. 58 billion february. Both numbers are a significant rebound from the plunge that we saw in january when it hit the lowest level in seven years. Exports have been stabilizing after that hit from global trade spats and the double chip industries downturn. For the month of february, we are seeing an update and a rebound with a current account surplus at 6. 4 billion. The goods surplus at 6. 6 billion in february but of course we are headed to seymour economic fallout from the coronavirus outlet, so we will keep an eye on those trade figures out of south korea. For now, lets get you a quick check on markets. He restocks at th
There is a definite negative view of wealth and it is very concerning and if you have money today you are out of favor, no matter how much social good you are outoffavor. Neil you have to wonder with tough news in the corporate world whether there is something to the notion that capitalism is having a rough week, the latest charges of leon cooperman, coming under the grill on capitol hill in a couple hours and wells fargos ceo, did not do all that well yesterday safe to say, Charles Payne added up and wonders what is going down. Charles a tough week for capitalism, tough year for capitalism. It wont get better no matter who wins the white house. Neil donald trump is more antibig bank than Hillary Clinton. Charles antibig bank and wall street, wall street is not public enemy number one but in the top three. I read something, a survey that money magazine saying white voters, workingclass voters blame their economic woes on wall street, capitalism is front and center, corporate america, s
Facebook. Com cspan. On this independence day, part of our program will look at the nasa efforts to explore the planet mars. We will hear from one of the senior engineers, and then nasa administrator Charles Bolden on a longterm plan. Here is a portion of the comments. Speciesmultiplanet survive for long periods of time. In the western world, we think shortsighted. We think about the time in which we will be on this earth, or our grandkids will be on the earth. Many other civilizations think much longer than that and we need to start thinking like that. We need to remember we are dependent on a star. The sun is a start, and like many other stars we study all of the time, many of you who follow the exploits of the horrible telescope get a picture we getescope is a a picture that is no longer. Survivepecies is to indefinitely we need to become a multiplanet species. One reason we need to go to mars is so that we can learn a little bit about living on another planet so that when my grandd
Coming up with a number so low. Where is the value today . How is it going to evolve over time . Clearly, there is money in hardware. It starts with hardware and then becomes data. It becomes services. Right now, these things are basically a way to get sensors in the sky. What you do is a big opportunity. We make money from hardware today. We are essentially a software company. We are very happy to have other people make the hardware. At the end of the day, no one cares about the drone, they care about what he can do. Whether that is video, pure data its about the cloud service. Fast forward what these guys are doing which is enabling the public to do what uber did for anyone to be a driver. You can be an agent and provide services to people that you couldnt do before. It could be a a search and rescue person with a drone and utilize these drones to find people with the data. The amount of things that will show up in the next three or five years will be unimaginable today. The value wi
To how one gets to a closing guantanamo . I dont think it is that complicated once we decide the we are going to do. The argument been would be we will never really she because there is a risk if we release you. Thats not good criminal Justice Policy and i dont think its good counterterrorism policy. Everybody else down there that we determined for whatever reason we cannot release or weve tried and convicted them we will housing in the United States. There are many, many Public Policy arguments over the course of my great that a frustrated me. Its amazing how people lead to incorrect conclusions and then the same irreversible. But the notion that we cannot hold dangers people safely in the United States to me is patently absurd. And yet, it drives the debate. The reason that we have not close guantanamo, keep in mind, it wasnt some big liberal goal, gates, john mccain, george w. Bush said we should close guantanamo. Why havent we . Well, ill skip the political argument for the moment