The Global Supply chain factor. Early facebook investor Roger Mcnamee joins us for what the virus means longterm for Companies Like apple and tesla. Paul, dramatic day for the markets and elsewhere. Why are you following . Paul tuesday trading day in asia, i guess the question is, to far is this stone going think . A drop asoking for well, about 2. 5 . Nikkei futures, big hit, 4 . South korea had one of its worst days and 17 years on monday. Japan of course playing catchup because monday was a Public Holiday. Take a look at currencies. The aussie dollar hit the yard over the past 24 hours. Currently just hanging on above . 66. The aussie 10 year continuing to slump toward historic lows. Of red. Uyh a lot in the u. S. , stocks tumbled. Three benchmarks slumped. Good to Abigail Doolittle lets get to Abigail Doolittle in new york. Abigail the markets selling off in a big way. Here in the u. S. , a three day slide. This is the worst of those three days. Friday, the disappointing pmi number
The last 6 months 8 top russian universities and Research Institutes have announced or expand a partnership with way with a focus on advancing the ai ecosystem neural nets data storage and processing. This is faster this back and forth that weve seen with way the u. S. Has taken a lot of action against them has this actually affected their business at all so so far in the latest Earnings Report no it really hasnt always still continue to expand its 5 g. Coverage worldwide including europe where the america has tried to block all of them as well as within china has expanded its 5 you coverage as well as they sold out does like hundreds of thousands of their phones and basically tripled their phone sales in the last quarter than what was previously projected so this entire polarized between us versus china this actually created a lot of nationalistic feelings towards hallway where people were customers who previously preferred apple i phone now made the conscious decision to go into a Na
Authorities. On digital john deal with the u. S. And france are waging a terrible war of words as the nations leaders meet in london for richer the British American Business Association is on hand to dig into the details of how tech tax is driving the escalation plus as your team of guard has taken the reins at the e. C. B. She has already made some Firm Commitments for the central bank professor of economics on patriot and steve keen joins us from amsterdam to break down the banks move and the central what Central Banks have come under fire around the globe we have a packed show today so lets get right to it. The trombone ministration is considering reviving a plan to kick qual way out of the u. S. Banking system this proposal was previously is considered by the White House National Security Council as a Nuclear Option to sanction the company but was ultimately shelved due to the aggressive nature of the sanction this plan would put quality on the treasury departments best so it actua
For the u. S. As well this designation would prohibit American Companies or citizens from trading or conducting Financial Transactions with qual way and freeze its x. 6 held in the us this would also put pressure on u. S. Allies that already rely on a hallway for their 4 g. Networks and have broad widespread implications severely impacting businesses in europe and asia outside of china so with huawei sprawling size and dozens of subsidiaries it would severely complicate us in force and make it difficult to foresee and prepare for major fallout both foreign and domestic while a is finding itself increasingly unwelcomed in the United States and is planning to relocate its Research Center from the u. S. To canada hallways spend almost 5 110000000. 00 on its u. S. Research facility last year and since the us started its campaign to block wa way under the guise of National Security concerns wa is has had to trim its research arm by 600 bodies down to 250 talent recruitment became a child. T
This is boom bust broadcasting around the world and covering all aspects of our Global Economy in the 21st century im going to bore and im christiane washington heres whats coming up today. You will see it once again the sanctions would be unacceptable we question the legal analysis by the u. S. Authorities of Just National on digital to join. The u. S. And france are waging a terrible war of words as the nations leaders meet in london for rest of the British American Business Association is on hand to dig into the details of how a tech tax is driving the escalation plus as her team of guard has taken the reins at the e. C. B. She has already made some Firm Commitments for the central bank professor of economics on patriot and steve keen joins us from amsterdam to break down the banks move and of the central what Central Banks have come under fire around the globe we have a packed show today so lets get right to it. The Trump Administration is considering reviving a plan to kick qual w