Have decided to end funding the wide number scenary group. For years russia had denied the existence of the root level load and the connections to it. But the organizations attempted march on moscow in june shed some light on the relationship between the kremlin and wagner. You see, at the end of june, the russian president spoke about how wagner had received a 1000000000. 00 from the state. Now the position of that tree says the split between moscow and wagner is growing. So why would any move against the fighting forces . Finances, leave it. Why would it leave russias interest in hot spots worldwide . Will explore those questions with on, guessed in a moment, but 1st, this report from castillo has already on they were hired to help russia slightest war and ukraine. Now, the Wagner Mercenary group may be dealing with its own financial battle. Britons Defense Ministry says its possible. Moscow was no longer funding the private army, particularly after his leader, took any precaution li
Katie welcome to bloomberg markets, its a quiet start to the trading week when you look at the bench marks. The s p 500 behind me, its slower, just slightly. Were talking about a tenth of a percent there. Still really healthily above the 5,000 mark. Well see how that shapes up. You look at big tech, things are a little worse off there. Of course, weve been talking about apple, and you can see the nasdaq 100 currently off about. 3 , but its early. A lot can happen there. And then you take a look at the small cap index, i thought this was fun. The russell 2000 outperforming, currently up. 6 . Well see how long that can hold. Lets talk more about apple, because the stock is down after the company was hit by a 2 billion fine from the e. U. Over allegations of silencing music streaming rivals on its app store. Heres is what the e. U. Competition chief had to say earlier. We found that apples rules result in withholding Key Information on prices and features of services from consumers. As su
C the select committee will come to order. Welcome everyone to the select Committee Hearing or the leveling the Playing Field how to counter the Chinese Communist party or economic aggression. Who when i looked at the staggering economic relationship thats a word that comes to mind. One small example the American Pacific northwest salmon are frozen sent to china to feed tboned by hand and refrozen and shipped back to u. S. Grocery store sometimes miles from where the fish were copied the economical links between the u. S. And china are dizzyingly complicated that theres another word that comes to mind. Naivete. There were prescient dissenters for the last 25 years or both parties largely made the same naive bet on china that Economic Engagement would lead the Chinese Communist party to political liberalization. Beijing saw our quintessentially american optimism is an opportunity to exploit and their treaties and International Commitment are but not for me. I will enter video into the r
C the select committee will come to order. Welcome everyone to the select Committee Hearing or the leveling the Playing Field how to counter the Chinese Communist party or economic aggression. Who when i looked at the staggering economic relationship thats a word that comes to mind. One small example the American Pacific northwest salmon are frozen sent to china to feed tboned by hand and refrozen and shipped back to u. S. Grocery store sometimes miles from where the fish were copied the economical links between the u. S. And china are dizzyingly complicated that theres another word that comes to mind. Naivete. There were prescient dissenters for the last 25 years or both parties largely made the same naive bet on china that Economic Engagement would lead the Chinese Communist party to political liberalization. Beijing saw our quintessentially american optimism is an opportunity to exploit and their treaties and International Commitment are but not for me. I will enter video into the r
Good morning. My name is chairmans mark. Im a senior fellow with the Geoeconomics Center of Atlantic Council. I would like to welcome you to our next session where we are going to dig into development and finance, chinas lending, aid, its investments and what is being called the global south. Im going to use the moderators privilege and refer to low income and middle Income Countries. That seems to be a more neutral term than what we were using before. Real quickly, just to introduce the topic. We found a great deal today about a lot of the big picture aspects of chinas interaction with the developing world. And to think what were going to try to do here is sort of dig into the lifeblood of this interaction, which is money. The lending investment and a that china has offered to both low income and middle Income Countries over the past decade amounts to a vast sum, well over a trillion dollars. Based on a data statistics the commitment or even larger than that. Theres a lot of issues th