This stepping into the crypto space we have a good show today so lets go and dive right in. Bankruptcy filing for brazils Largest Company heads our global report today as the scandal plagued old brick Construction Firm seeks protection from Sao Paulo Court the name older brecht has become associated with high level scandals across the americas most consequentially within brazil was at the center of the infamous car wash scandal which was cited in the impeachment of president Dilma Rousseff and became a vehicle for the disqualification of popular former brazilian president lula dissimilar from the last president ial election digital messages recently published by the intercept show that the judge in the lula carwash case assisted prosecutors while publicly insisting that he was impartial and an involved that judge sergio morrow was named a socalled Super Justice minister by president also narrow to petition the court for protection. From creditors while it attempts to restructure 130000
To make sure it is available when needed for review and investigation pushback from the u. S. Side on those regulations include recent comments on the law from u. S. Secretary of state mike pompei o who insisted on the free flow of information ahead of an official visit to india later this month on monday the indian commerce minister yall and r. B. I. Officials met with representatives of tech and Credit Card Companies including the c. E. O. Of master card. The Ministry Later released a statement that said Indian Officials quote assured the industry representatives that the reserve bank of india will look into this. And often overshadowed by the us china trade war is the brewing trade to between india and the United States similarly many may not realize just how integra india is to the Global Economy while most of us are aware that products are assembled in china and then distributed globally most obvious is the role that india has in terms of business integration in the world where ch
The India Brand Equity Foundation or i b e f the Service Sector made up more than 54 percent of indias g. D. P. Which comes out to more than 60000000000. 00 worth of net Service Exports the Service Sector consists of many areas but notably among them is the Communications Sector which has seen a boost in the numbers of Call Service Center jobs that have been outsourced to the nation also at the top of the a list of indian Service Sector jobs are tourism transport trade and construction so much like cheaper and manufacturing is on the line in the us is trade war with china could we soon see these services put on the line and get another front of a trade war here to dig a little deeper into the dilemma alan grayson former United States representative welcome to the show. Thank you congressman as we just noted the u. S. China trade war is making headlines but trade tension is increasing between the u. S. And india as well on monday specifically the Government Indian government impose tari
Has shaped itself as a hub for service jobs and the rapidly developing knowledge economy according to the India Brand Equity Foundation or i b e f the Service Sector made up more than 54 percent of indias g. D. P. Which comes out to more than 60000000000. 00 worth of net Service Exports the Service Sector consists of many areas but notably among them is the Communications Sector which has seen a boost in the numbers of Call Service Center jobs that have been outsourced to the nation also at the top of the a list of indian Service Sector jobs are tourism transport trade and construction so much like cheaper and manufacturing is on the line in the us is trade war with china could we soon see these services put on the line in yet another front of a trade war here to dig a little deeper into the dilemma alan grayson former United States representative welcome to the show. Thank you congressman as we just noted the u. S. And china trade war is making headlines but trade tension is increasin
I am guy johnson. I am francine lacqua. Alibaba breaks another record. Chinas ecommerce giant drew record sales on singles day, the worlds biggest shopping event. It was 5. 9 billion in last gotten in 14was hours. Ryan chilcote has the details. This year will see alibaba takes is largest ipo and now it really going to make it clear what singles day can deliver for it. Alibabas master plan to make even more money out of ingles is to take a global. The most interesting things. Aliehave alley express xpress and another website that operate outside of china. Press is the biggest in russia and brazil. The idea is to get those websites into markets around the pe us into this buying frenzy which is singles day, also called double 11. The problem is when they get into markets like the United Statess where you have amazon and ebay are already entrenched and it was a survey done that showed despite all of the attention that alibabas ipo got , only two out of three shoppers had even heard of the