A hell of a truck a full report we have a lot to get to so lets get started. The house clear legislation on wednesday that threatens to kick Chinese Companies off u. S. Stock exchanges if they continue to deny u. S. Regulators access to their audit when the measure passed the house by anonymous vote after it passed the Senate Unanimously in may well now the bill has gone to president Donald Trumps dust for his signature joining me now to discuss the trafficking of journalist ben swan but whats in this bill exactly and what was it spelled out to do specifically. Yeah its kind of an interesting things there its called the Holding Foreign Companies Accountable act essentially bars securities of Foreign Companies from being listed on a u. S. Exchange if they have failed to comply with u. S. Public accounting oversight boards audits for 3 years in a row so essentially the idea here is that if youre going to be on a u. S. Exchange you have got to have the u. S. Agency doing audits to make su
Particular the segments of the economy that use it now with regards to this of course the safety and protection of personal data has been paramount its good for concerns that Many Russians as the country increasingly moves towards a Digital Economy and the president was clear that the balance needed to be struck between making that digital progress and protecting peoples data protecting peoples information in particular to do with data leaks. I ask the government to promptly present a bill allowing the creation of draft laws for using ai across economy sectors and also present the strategy of how to use e. I. In practice so that it helps for example doctors at the same time all risks of personal data leaks should be prevented human rights should unconditionally be observed. Now those proposals that the president mention is that they could come as early as next year or early 2021 while he will put forward proposals to grant Ai Developers access to Government Data something that will of
Negative territory down by. 2 . The dollar gaining strength and crude is all over the place. You wind up having opec leaders meeting and talking about maybe extending a deal through 2022. That comes from the Saudi Oil Minister. So the oil market is trying to digest that. The big news has been what is happened with apple. A 2 trillion market cap. We knew it was coming and now it is official. Isning me more is the but you are global on fx, apple, what do you do with that . Anne from a fundamental equity standpoint i cannot have any comments on all, that i would stay that say that this level of market cap is a success and that there Monetary Policy policy easing, the giant firehose of liquidity as well as actions by the European European Central Bank and bank of japan has bouyed the equity market and we are seeing a little bit of a rally and everything. We talked about that before the virus and it is interesting to see that we are back at that point and it reflects a tremendous amount of
Soldiers removed the president in a coup. U. S. Vice president ial candidate carmel heresies heritage is becoming a strength for her campaign and a target for her opponents. Relentless rain bring severe flooding to southwestern china washing away crops and hope. The e. U. Says is standing by the people of belarus centers called violence against antigovernment protesters the shocking and unacceptable leaders held an emergency meeting today where they agreed on sanctions against those responsible for the crackdown they have rejected the outcome of this months disputed elections on the cold front end of president Alexander Lukashenko has long rule. Today we gave them 3 clear messages. Firstly we stand by the people of belarus who won fundamental freedoms and democracy. Secondly we will sanction all those responsible for violence repression and falsification of the results of the election and thirdly we are ready to accompany peaceful democratic transition of power and bellows. Well in the
Still not many people. We will be tracking this story throughout our three hours. Nearly half a Million People will be returning to work in the city. And they are returning to work, by the way, to a city whose mayor is pushing to defund the Police Department in the wake of the george floyd protests. A lot of pushback on this, as you can imagine. We will get into it. Including from the president. He tweeted this just moments ago. Law and order, not defund and abolish the police. The radical left democrats have gone crazy. And Hillary Clinton, by the way, well, shes had another deplorables moment when speaking about trump reporters and we will have that for you as well. Im Ashley Webster. The big story for dyou today on monday, the markets pointing upwards. Varney Company Begins right now. This will go down in history as the biggest positive data shock for the markets and the economy. Its some combination of an incredibly resilient economy thats bouncing back, the impact of government me