Dont give bejing control of our most sensitive infrastructure and data as well. As weve grown stronger economically, President Trump has always signed the largest increases in our National Defense in more than a generation. 2. 5 trillion of new investment in our National Defense just in the last three years. Weve made the Strongest Military in the history of the world stronger still. And to make it clear to beijing that no nation has a right to claim the maritime commons as territorial seas, the United States in the last year has increased the tempo and scope of our freedom of navigation operations and strengthened our military presence across the indopacific. To uphold the values of freedomloving people every year, weve also called out the Chinese Communist party for suppressing freedom of religion of the chinese people. Millions of ethnic and religious minorities in china are struggling against the partys efforts to eradicate their religious and cultural identities. The communist par
Lawrence lupasch and backed up and ran over him again. We are not aware of any relationship between the defendant or any of the victims. Thats something were looking at, the motive of this case. Reporter that revelation stunned neighbors and friends. I was in shock. I couldnt believe that it was real that Somebody Just hit him, and heartbreaking to know that somebody could just do that. She didnt know him, really, then i guess it brings a set of questions. If she did know him, a different set of questions. Reporter and, again, those are certainly questions investigators are stillry orta without bail and is schedule to enter a plea november 7th. Cyber security alarm bells today sounded by microsoft. The tech giant claims hackers from iran are working to influence the 2020 president ial election. Microsoft warns it has seen significant cyber activity targeting u. S. President ial campaigns from a Hacking Group that appears to be linked to the iranian government. The group made thousands
More on the case that started tuesday. And who is laughing now . Netflix cofounder Mark Randolph says blockbuster left at the companys original movie by mail service. We will hear his latest thoughts on streaming wars and tech culture. First, it finally happened. Wework is pushing back its ipo. What was once one of the most anticipated debuts of 2019 is now postponed to october. They are looking to calm doubts. At this was the post to be a 47 supposed to be a 47 billion company. Now that number is about 15 billion and perhaps smaller. Joining me to discuss, phil haslett. And, in new york, crystal tse, who has been covering this troubled ipo. What was the problem today . Is it valuations, financials, or governance problems . All of the above. The simple answer is they have a lot of things to address before they can go to the investors again and ask them for their money. They were looking for a 47 billion valuation, and now we are hearing it could be as low as 12 billion to 15 billion. T
Talking about how it might be wise to park your money in the shorter end of the curve at the moment because that is where you will get the most value. Dollar Index Holding onto those atengthening inclinations 98. 55. Crude back below 60 a barrel. We will speak with paul sankey of mizuho and get his thoughts. S,y a bit of breaking new the fed will conduct that repo 1010 am. And close the then the repo got canceled for foral reaso technical reasons. Mike mckee will be on shortly to explain why this is important, particularly just before this into spaded fed cut. Lets talk about where we are with the markets. We are now seeing a significant dropping in the price of crude. The brent benchmark was down by 5. 5 . Reports suggesting we will see 70 of saudi crude back in the near term. Certainly taking the shine off the price of crude. European stocks feel like they are in prefed mode. You can see that on the other side of the atlantic as well. We are just waiting and watching. Getting into th
Percent. Talking earlier on nash at 1. 99 . At 1. 99 . The fedearlier on about injecting some liquidity and trying to settle the market. We will wait for announcements out of the fomc meeting tomorrow. At the moment, we are seeing the threemonth yield rise. That could be because the market solve thiso indigestion we are seeing in shortterm markets. Newmont mining is the best performer in the s p 500, up 3. 8 . We were just speaking with the coo about meeting production targets for the year, and interested parties in red lake, a potential divestiture. The stock has been rising. New york crude, wti, down about 5. 9 , keeping with that brent move. Its been a wild ride the last two days. Paul sankey confirming from his sources what we are also confirming, that saudi could have production back up and running into to three weeks. Guy lets get the latest. The reports seem to suggest that saudi will be able to restore some 70 of Oil Production lost after this weekends attack, much earlier than