Markets i treasuries as well. The aussie 10 year yield down 16 basis points and money rush into the end. Oil in a bit of a freefall once again. Brent crude down more than 6. 5 . We areke below 20 and watching indonesia here in particular just coming online. The stock index drops re. 5 . Once again, we are seeing a lot of these em volatilities, back once again. We are watching the pboc after that interesting move to cut the seven day repo rate by 20 basis points so they are joining in on the stimulus ways. Lets get more on this with david ingles coming forward. We are watching u. S. Futures in particular continue to head lower. Lets start with the 7 billion injection into the system. I mean, quite a bit. David yes. A couple of things i guess to get out there. You dont normally see a reduction of this magnitude from the pboc. You also have to consider the fact that we know the economy is not doing well and in fact, the latest forecasts now suggest quarter on quarter, you take the median.
Today we welcome representatives from the Worlds Largest social Media Companies and Online Platforms. We hear from ms. Monica bickert, head of the Global Policy management for facebook. And mr. Nick pickles, Public Policy at twitter. Mr. Derrick slater, global director of information policy at google and mr. George saline, Senior Vice President of programs for the antidefamation league. Platforms have dramatically changed the way we skmcommunica and have been used positively for likeminded groups to come together and shed light on despotic regimes throughout the world. No matter how great the benefit to society these platforms provide, it is important to consider how they can be used for evil at home and abroad. On august 3rd, 2019, 20 people were killed and more than two dozen injured in a mass shooting at an el paso shopping center. Police have said that they are reasonably confident that the suspect posted a manifesto to a website called 8chan 27 minutes prior to the shooting. 8 cha
Be 50 bits rather than 25. 00 and just before the g. D. P. Figure was released finance minister some of them are on announce that 10 Public Sector banks would be collapse into 4 after the mergers there would be a total of 12 Public Sector banks there were as many as 27 Public Sector banks and 2017 and the sector has been dramatically undermined in recent years by a rising tide of bad loans on loss and confidence in the wake of scandalous collapse of Punjab National bank the revelations of fraud in 2018. Turning to another flood the economy argentinas move to renegotiate 101000000000. 00 in debt was briefly labeled as a selective default by the movies Rating Agency in a statement moodys cited the macro administrations failure to sell bonds to finance approaching Debt Repayment payment deadlines and said quote following the continued inability to play a short term paper with private sector Market Participants. Government unilaterally extended the maturity of all short term paper on augus
To knock the argentine peso down by about 2 percent against the dollar falling to 59. 00 against dollars. In the trade war continues to rage on as weve reported in the scuffle and spread to the auto sector now theres a new moves in the auto sector to report and pulling up to catch us up on all busy this and all things automotive is the cars coach lauren fix so lauren 1st lets get right into the tesla news this week china a ministry of industry and Information Technology said on friday that the cars all 16 models sold in china will now be exempted from a 10 percent sales tax in the ministry did not give a reason for this favorite treat men although the founder either musk has been noticeably praised in china and seems to be very committed to selling and investing in that market so is this enough to offset all of those other troubles or at least keep them afloat for a while. While i think its going to help china you have to remember that he didnt 1st announce that hes going to raise pric
Youre watching our change National Bring you your life news update from our studio here in moscow welcome to the program. Court documents reveal that a Big Pharma Company conspired to aggressively push its opiate painkillers this is led to accusations Purdue Pharma cost americas biggest drop economic the company is also accused of downplaying the risks of addiction this led to doctors prescribing its pill to patients even with only minor pain and has more. Usa is in the midst of an ongoing Opioid Epidemic. With the. In response to the Opioid Epidemic 48 different us states have taken action against produce pharma a drug manufacturer owned by the Sackler Family now even the company itself admits that those affected should get help as soon as possible while purdie farmer is prepared to defend itself vigorously in the opioids a geisha the company has made clear that it sees little good coming from here so its a geisha and the pills that people and communities affected by the opiate crisis