We start in france, where a pioneering tax on tech firms is expected to be approved by the senate today, after clearing the lower house last week. It comes amid public anger across the continent at tax avoidance by the likes of google, amazon and facebook, who locate their eu headquarters in low tax countries and pay virtually nothing elsewhere. But it has already threatened to spark new trade tensions, with the Trump Administration launching an investigation to see whether the move unfairly targets us firms. The plan, masterminded by french finance minister bruno de maire, is for a 3 Digital Services tax on all revenues rather than profits made in france. It will hit all companies with global revenues of more than 843 million. Around 30 Tech Companies are likely to be affected, mostly from the us. The French Finance Ministry estimates that the tax will raise more than 500 million this year, with that figure rising in future years. France failed to persuade eu partners to impose a euro
Hampshire, new england and a very generous its the only venue i know where you can go and see the major candidates running for president of the United States at a venue like this and its free because of all of these wonderful supporters that we have. I also want to thank the New Hampshire institute of politics for being such incredible partners with the new England Council as we cohost. You say its been a very busy cycle so far with a very crowded field we look forward to spending more time here in the months ahead in fact we will be here tomorrow for breakfast with another democratic candidate. The council also has several other events that he planned in the next couple of weeks including a breakfast in Portland Maine with senator Susan Collins and on the 17th of june we of the newly elected congressmen from the district and then finally on june 27 the governor. We will have many more coming up in the weeks and months ahead and we hope many of you who are members will participate. So
Expresident in prison because people didnt like things he did during his presidency, is absolute lunacy. Send a message to a generation of kids that seem to feel theyre not responsible for their actions. I dont think were going to see anything even remotely intent from the fed and the market is taking care of the feds job for them. Billions and billions in additional cost and who are going to bear the cost . Its the Small Businesses. I dont think too many Small Business is men and women think of joe bidens policies as friendly. All politics is local. People care about their economy, their backyard and safety and immigration problems. Thats what they really care about. Ashley i just love that. Ever since i was a young boy, i played the silver ball from so cal down to brighten. They moved to my hometown. I love that. Good morning, its 11 00 a. M. On the east coast on this monday, april 29th. Im Ashley Webster in for stu varney. Checking the markets and were on the upside and very modestl
[inaudible conversations] [inaudible conversations] okay, lets go. Senator bennet we will turn to you. Mr. Chairman. It just seems to me was close to a quarter million americas children living in poverty and im sorry im calling up amendment 11. With almost a quarter for children living in poverty and the middle class struggling with lack of wages Early Childhood education is up and health care is up, that it seems to me we could have thought about a lot better use of this money then giving 39 billion to 1 of americans that are making over a Million Dollars a year and by the way its year after year after year. Thats when the deficit is so huge. Its year after year after year. I was at a meeting with some of my colleagues and President Trump called and im not saying anything that hasnt already been put in the newspapers but one of the things he said on the phone calling from asia was how terrible he said this plan is for the rich. I dont refer to people that way but he said turbo for the
U. N. Ambassador nikki haley issuing a new warning to the u. N. , announcing a major budget cut. Former u. N. Ambassador to the u. N. John bolton says taxpayers shouldnt fit the bill for the u. N. s ineffective bureaucracies. He will coin join us coming up. Border wall backlash. Theyre facing growing boycott from democratic cities across the country. California lawmakers pushing for Pension Funds to End Investments with these companies. How they are fighting back c apple today pulling back. There were concerns on heels of a report from taiwan economic daily, a report that basically said shipments for the iphone x will not be as many as expected. Some who were bullish hey, the shipments are going to continue into the spring. So dont slow down but in the meantime we did see apple get a little spooked. That was down 2 1 2 . All suppliers went along with it were also to the down side. Oil, 59. 76 right now. That got to the 60 a barrel mark. That is a big deal. We have not seen that in 2 1