Carol and a different type of crisis that asks if homelessness is a crime. Jason all of that and more. But first, our top story this week. Natos 70th turned out to be less of a Birthday Party and more like a thanksgiving dinner for a big, dysfunctional family. Carol thats right. Not all of them got along. A few snide remarks were made, but in the end, everyone seemed to accept they were stuck with each other. Thats according to mark champion, who covered the summit outside london. Lets talk about nato and what a week it was. Mark it was. I mean, the buildup was pretty extraordinary. This was supposed to be a celebration. It wasnt a real summit. They do that every two to three years. This one, they felt they had to do because it was the 70th. They kept it really short because they specifically didnt want to create a big target for unscripted problems with president trump, which theyve had before. So, and then all of a sudden, in the weeks before, you had the french president macron comi
Where we bring you todays market moving news from around the world, from hong kong to london, madrid, paris, and washington. We want to start with the latest trade development. President trump signals he would be willing to wait for another year before striking a trade agreement with china. Pres. Trump in some ways, i like the idea of waiting until after the election for the china deal, but they want to make a deal now. We will see whether or not the deal is going to be right. Its got to be right. Alix joining me from hong kong is enda curran. This is very different from what we heard yesterday from President Trump. Value, it is clearly the strongest signal we have had yet from the white house that we may not have this trade agreement by the end of the year. I think it will probably, something of a shock to both the chinese and Global Investors who have pretty much been banking on some kind of agreement by the yearend. But remember, we still have this deadline of december 15 for when t
Broadcom incorporated the san jose based maker bluetooth and chips and Cirrus Logic Incorporated in austin based company that makes chips for producing sound theyve replaced all the ships with their own or other alternatives now well id love to see america get back in the race but youd need entrepreneurial ism and you would need the this aeration in scorched earth tearing down of all the zombie banks that are there only because of cheap rates right and they suck up 3040 percent of the g. D. P. Of the economy of the United States of america so theres no room for entrepreneur alyssum anymore. Not on a world class basis i mean you have people coming up with you know great ways to you know pocket fisherman or Something Like that you know novelty products that we sell out here in the u. S. But nothing serious in fact nothing serious is in this next headline again ray dally you know and i believe hes been watching the kaiser report because i noticed that keeps on coming out with statements o
A crime . Jason all of that and more. But first, our top story this week. Natos 70th turned out to be less like a Birthday Party and more like a thanksgiving dinner for a big, dysfunctional family. Carol thats right. Not all of them got along, a few snide remarks were made, but in the end, everyone seemed to accept that theyre stuck with each other. Thats according to marc champion, who covered the summit outside london. He joins us now. Lets talk about nato. What a week it was. Marc it was. I mean, the buildup was pretty extraordinary. This was supposed to be just a celebration. It wasnt a real summit. It wasnt a full summit. They do that every two to three years. This one they felt they had to do because it was the 70th. They kept it really short because they specifically didnt want to create a big target for unscripted problems with president trump, which theyve had before. So, and then all of a sudden, in the weeks before, you had the french president , macron, coming out and talki
2 dot com stay with us now before the. Financial news in the country. Guys are this is the kaiser report you know the way phone china is the apollo 11. This decade its defining the technological landscape for a whole country going to happen for a long time. Sure this high tech advantage that china has should have been a split nick moment i shouldve. Basically introduced some sort of industrial policy and said hey americans we need to realize that china is eating our lunch on top of this we also should realize that our our exorbitant privilege of having the u. S. Dollar as worlds reserve currency has indeed been a massive privilege and we should have done everything to sustain that so acting like a bully has not only saw that you know even france and germany are coming up with an alternative to swift to circumvent the u. S. Dollar to circumvent the new york fed where all trades are settled that exorbitant privileges ending but this privilege of having the you know. This being so crucial