12. 5 billion into its second dollar denominated bond show of the year. The markets from with our guests. If we look at the tadawul, we do not see a major reaction. 1 , but wes down have the insurance sector performing extremely well today. We have an index composed by 33 members, a good number, a good sample of the saudi market and rising 4 to the highest level since march. Some of the names within the it was theup 10 to best performance for the w in seven months. Theres clearly an idea between saudi investors about this is going to be a good news for sale of a new cars and especially for your insurance contracts which are of the premium segment. That is where they make most of their money. It is good news for anyone who is willing to bet on insurance. Yousef the company says they 25 ct the car sales to rise over the course of the decade. Just to get back to your point on insurance stocks, with so many investors that you have been speaking to come they have made it clear that they mig
There. The nasdaq has an get bouncing between gains and losses all session long. The s p not able to get to the 2200 level, at least not today. 24 on the level, please not today. 2400 level, at least not today. The big Agricultural Processing seed company, you can see the shares spiking after the wall street journal ordered the for the made a bid company. We confirmed that the bid was made. About 11ue of billion. The company did not immediately respond to rest for common and the glencore official declined to comment but we are seeing some share reaction there. The other big one is Fiat Chrysler. The u. S. Has filed suit. Earlier in the session bloomberg reported a suit could be coming. Thats when we saw the original drop in the shares. They have continued to trend lower after the suit was filed. Fiat in a statement saying that it is currently reviewing the complaint but is disappointed that the suit has been filed and says they plan to fight the allegation. We will keep you posted on w
There. The nasdaq has an get bouncing between gains and losses all session long. The s p not able to get to the 2200 level, at least not today. 24 on the level, please not today. 2400 level, at least not today. The big Agricultural Processing seed company, you can see the shares spiking after the wall street journal ordered the for the made a bid company. We confirmed that the bid was made. About 11ue of billion. The company did not immediately respond to rest for common and the glencore official declined to comment but we are seeing some share reaction there. The other big one is Fiat Chrysler. The u. S. Has filed suit. Earlier in the session bloomberg reported a suit could be coming. Thats when we saw the original drop in the shares. They have continued to trend lower after the suit was filed. Fiat in a statement saying that it is currently reviewing the complaint but is disappointed that the suit has been filed and says they plan to fight the allegation. We will keep you posted on w
There. The nasdaq has an get bouncing between gains and losses all session long. The s p not able to get to the 2200 level, at least not today. 24 on the level, please not today. 2400 level, at least not today. The big Agricultural Processing seed company, you can see the shares spiking after the wall street journal ordered the for the made a bid company. We confirmed that the bid was made. About 11ue of billion. The company did not immediately respond to rest for common and the glencore official declined to comment but we are seeing some share reaction there. The other big one is Fiat Chrysler. The u. S. Has filed suit. Earlier in the session bloomberg reported a suit could be coming. Thats when we saw the original drop in the shares. They have continued to trend lower after the suit was filed. Fiat in a statement saying that it is currently reviewing the complaint but is disappointed that the suit has been filed and says they plan to fight the allegation. We will keep you posted on w
Test test test test test test test test test test test test test test test test test test test test test test test test. We can lower the Corporate Tax rate and get it to within shouting distance of our trading partners. Were a better place to do better because of transportation, because of safety, because of security, because of environment and all those things. But there is a point at which you run out of those benefits when you are talking about so much of your income being paid in taxation. I appreciate that point. Its an etch lexcellent one. I kind of lost my place. Consumption tax versus income tax. I come from the state where the author of the book called the fair tax comes from and hes on radio. If i dont ask some question about consumption tax when we have a hearing like this, i get chastised at home. How many of you are familiar with this . Whats your thought or do you have any thought about it at all . Mr. Mazur, start with you. I guess my basic thought about our tax system