Sharing intelligence and theyve all backed away you look at the u. K. It looked like they were going that way and now theyve Scotland Yard and there are a most well you know them to do were looking at other things. And this comes after the president signed an executive order on august 14th which requires tick tocks Parent Company bite dance to divest its interest in tick tocks u. S. Operations within 90 days now once again Chinese Foreign Ministry Officials say that this is just another example of how the u. S. Is violating its own free market principles. Because as a dummy so does he once again proves that the socalled freedom and security are nothing but an excuse for the digital gunboat diplomacy pursued by some us politicians. Do this type of bullying is a blatant denial of the market economy competition that the us has already has advocated. And joining us now to discuss is bus coast investigative journalist ben swan and Geoffrey Tucker editorial director with the American Institu
Again with all of choose these updates at the top of the hour in the meantime do not miss a thing by keeping tabs on our ts twitter page well worth some of your scolding time today by for the. Summer solution thats right some resolution. Today were whether or not gold price lives are a single thing and so the us dollar with yes superstar alice to the class of gold money dot com alistair well. This is a boom bust the one business show you cant afford to miss in washington coming up the u. S. Is set to further tight restrictions on wall way as President Donald Trump says the white house is looking at potential action against ali baba and other chinese giants well bring you the latest plus japan has seen a huge Economic Contraction due to the copan 1000. 00 pandemic will take a look at how this dire Economic News is affecting World Markets and as 2 Major College football conferences have postponed their season over the financial landscape of sports amid the pandemic with some expert analy
In the us fraud as in wisconsin said shops and cars on fire and Police Officers shot a black man in the back. Rows of the top headlines this morning state sued for the cause a report. We take over right here just bring you the latest news updates join us again live. Guys or this is kaiser report some of her solution thats right we talk about problems all year and then summer time we come up with all solutions that say were being joined by banker turned big coin entrepreneur simon dixon of banks the future long term friend of this show and as wave a bit of an introduction is book banks of the future came out roughly 10 years ago it actually predicted a major crisis in 2020 is almost clairvoyant and how that accurate that prediction was simon has also recently gone on record that he believes that Central Banks will go directly to people and bypass the banks with their money printing thats now being discussed in the highest circles of backing this is an amazing prediction that was made ba
To break trump has yet the stimulus long gem. Softbank backs the virus handed record losses in may at a drop of the value, some may change with earnings later. Lets get a quick check of how the markets are trading. We are seeing u. S. Futures under a little bit of pressure, down 1 10 of 1 . We have President Trumps executive actions on stimulus measures boosting sentiment. That weighed in indices. The s p 500 saw the highest close in sixmonth in the longest winning streak since 2017. Aska futures at the moment japan comes back from mountain day holiday. I mentioned softbank earnings coming back later. The japanese yen Holding Around the weakest in more than two weeks. The bloomberg dollar index unchanged at the moment. This after it touched a oneweek high. Watch out for some data this morning. We are getting south koreas 10 day trade data. We are getting japan numbers, not to mention singapores final gdp numbers. Crude headed towards 42 a barrel after gaining the most in a week after s
Program for you and not a lot of time. This hours going to fly by. Toms book is really a fantastic read, and but i do think that both especially in the United States theyre going the find the book controversial, and thats the great thing about a book. If a book doesnt generate a conversation, then it may not be worth reading. But this is a Glass Half Full story of chinas economy and the management of the Financial System. And its offered at a time when u. S. china relations are declining and attacks from all different corners in the United States of chinas system are growing. And theres this argument that chinas economy, how it manages that economy, is incompatible with the international system. And as a result, the u. S. And others need to reduce their exposure to chinas unique risks. The book tries to answer the question how did china manage to do it, howd they manage to continue to grow without a mayor financial cry crisis. And they keep it up. Im going to turn the floor over to tom