Means all banks except for the largest 100. 00 is blowing out according to Federal Reserve data and the 3rd quarter the delinquency rate at these banks rose to 6. 25 percent thats even higher than during the peak of the financial crisis so the delinquency rate has more than doubled in just the past 2 years delinquency rate means 30 days or longer overdue your payments are. The largest banks have a delinquency rate of 2. 58 percent so half of what youre seeing in the subprime sector. And as we cover here one explanation is greed and that these you know the used auto dealers are just pushing loans on people just to get that 20 percent you know Interest Payment for a month or 2. 00 knowing the person could go bankrupt so the missing inflation number has been discovered right because as you point out he dominic adjustments. Hid the inflation and when the government reports the Inflation Numbers if something is rising in price a lot they cut it they dont report if they dont put it in the ba
Years debating over brexit in parliament. There will be crucial votes again tonight but if mps reject a proposal to speed the withdrawal bill through the commons by thursday borisjohnsons deal is unlikely to be passed by the october 31st deadline. Im joanna gosling, the other stories developing this morning on bbc newsroom live. Northamptonshire police are to travel to the us to question under caution the american diplomats wife who fled the uk after being involved in a fatal car crash. Abortion has been decriminalised in Northern Ireland and same sex marriage has been legalised after westminster voted for the changes in july. Canadas Prime Minister, Justin Trudeau, wins a second term in office but loses his majority in parliament and will need support from smaller parties to carry on governing. Good morning to you. Welcome to westminster where borisjohnson will urge mps to back his brexit deal, as he launches a final bid to get the uk to leave the eu by the end of the month. Today he
This is broadcasting around the world and covering all aspects of our Global Economy in the 21st century. And im kristie i am washington has a lockout was on deck today. If you dont exert extreme pressure in even attempt to force the decoupling of china u. S. Relations definitely damaged the interest of the u. S. And Chinese Enterprises in people because Financial Market turmoil and danger International Trade in the World Economic growth we have over the u. S. Will meet us halfway who work out a resolution in a constructive manner another day another twist in the u. S. Kind of trade war as reports claim that the company the station had idealists think Chinese Companies from american exchanges a move that the administration now denies. Trading is on hand today to analyze market reactions and what the move means Going Forward with the transpacific negotiations was a judge has ruled against tesla in labor dispute it was trouble for the already hobbled company molly barrows contributor to
U. S. As longstanding free market orthodoxy the us has long advocated for opening Financial Markets around the world to capital the fact that this discussion is even taking place is shocking to the whole International Finance community. And now with more on the field of battle for this Global Capital war we bring that tug of war with the chief strategist of the trading welcome back no charge repercussions says now that there are currently no plans to block Chinese Companies from being one listed on u. S. Stock exchanges but they also say there is no timeframe for implementation further fueling the uncertainty so is in your view is this a real thrill or is this more of a bluff or is the uncertainty that the can create the missed prison term can create from the suggestion is that the move itself just to create more uncertainty. Partner from you know art of the deal was. You know its never thats in my opinion thats never going to happen there are never the less these companies because it
Portfolio inflows into china and limits on exposure and also blocking new chinese i. P. O. s from listing nasdaq is already cracking down on i. P. O. s a Small Chinese companies by tightening restrictions and slowing down their approval process stocks in Mainland China fell to the lowest in almost a month as the u. S. Further escalates into the planned trade talks discussions this opens up a new front that we have not seen yet in the china u. S. Conflict the big question now remains are these just loose headlines and make threats from the white house using capital flows as a bargaining chip or is this a real threat while a treasury official reported over the weekend that there are no immediate plans to eventual u. S. Companies from listing the market is not reassured as the source also said that there is no time frame for their implementation and a crackdown can come without warning there are now at least 2 bills circulating in congress that could result in capital controls if passed m