Island. And kenya goes green at least when it comes to take that is as the Worlds Largest exporter of black tea looks to more profitable types to improve its fortunes. This is the business as in berlin welcome german Business Confidence was more upbeat than expected in september the much awaited for Business Climate index beat analysts forecasts but the overall mood on europes biggest economy remains. Germanys economy is holding up the tempest efore index came in at 94. 00 thats higher than last months but its not enough to dismiss growing recession fears the forward looking Expectations Index was lower than expected and purchasing managers data shows german private sector activity shrank for the 1st time in 6 and a half years. Now for more on that lets us 1st is the president of the evil institute about this index one of the reasons that the 9000. 00 managers in germany you are less pessimistic about the outlook than there were last month. Yes a little less pessimistic we have a divid
Today. Hey, josh. Carl, check out apple here. Ripping higher off these headlines. Investors clearly cheering this decision by the Trump Administration to delay tariffs on certain items, include cell phones, until december 15th. And that could havecertainly placed apple in a tough spot, because remember, so many of its products are assembled in china. And millions of chinese working to put together different parts of iphones and ipads so tariffs could have required tim cook and of course, many other american executives to make a tough decision, absorb the tariffs and impact his bottom line. In fact, just this morning, you saw wedbush saying, if apple fully absorbed the tariffs, they think it could reduce 2020 epps by as much as 55 cents or cook alternatively could try to pass along prices to consumers, but that could possibly dent demand for the products wedbush saying it could mean a hit to iphone demand by roughly 8 million iphones in the u. S. Alone. Remember, analysts did also say t
The subcommittee will come to order. The subcommittee on select revenue issues is gathered and how this armed schools First Responders and housing values. Before i begin my Opening Statement, i would like to yield to richie neil for his opening remarks. Thank you chairman thompson. I want to acknowledge you and the other members of the sub mindy on revenue measures who are indulging me with some time to speak at this important hearing. Your leadership on both this hearing and the Membership Group is important to congress. I want to take a moment to express my gratitude to the witnesses who have come to give their testimony today. Former mayor of springfield, i can tell you firsthand, my experience as to how important the work all of you do is. It is from that lens that i view the state and local Tax Deductions or salt as we call it. I hear from the Vantage Point of someone whos life impacts local government and what those investments can mean in terms of the lives of our citizens. Insu
Taxes on people in certain locales. Officials from new york, ohio, pennsylvania and virginia testified. This is 2 1 2 hours. The subcommittee will come to order. The subcommittee on select revenue issues is gathered and how this armed schools First Responders and housing values. Before i begin my Opening Statement, i would like to yield to richie neil for his opening remarks. Thank you chairman thompson. I want to acknowledge you and the other members of the sub mindy on revenue measures who are indulging me with some time to speak at this important hearing. Your leadership on both this hearing and the Membership Group is important to congress. I want to take a moment to express my gratitude to the witnesses who have come to give their testimony today. Former mayor of springfield, i can tell you firsthand, my experience as to how important the work all of you do is. It is from that lens that i view the state and local Tax Deductions or salt as we call it. I hear from the Vantage Point
Congress. I want to express my appreciation to the witnesses who have come to share testimony today. Its a rare occasion that we can get to hear from the hard working folks who make up our state and local governments. Former mayor of springfield i can tell you my experience as to how important the work all of you do is. It is from that lens that i view the issue of state and local Tax Deductions as s. A. L. T. I view it from the Vantage Point of someone whose Life Experience has been a testament to the impact and investments made and Services Provided by local governments and what those investments can mean in terms of the lives of our citizenry. Over xi be that choeinsuring maintaining roads, bridges and tunnels, so people can get to where they need to be is part of our challenge. Responding emergencies, providing services for low income family, elderly and the others rely on the safety net is our obligation. That is precisely what local government does. Mr. Thompson, thats why the wo