Hello and welcome to the show. Im Stephen Beardsley in berlin. Its good to have you with us. The shares of alibaba and 10 cent fell sharply on wednesday. Hit by concerns of a new anti trust legislation by the chinese government. Beijing has published a 1st draft of the monopolistic rules aimed at the countrys tech giants. Well, they are not accused of any wrongdoing. Investors fear that new rules could impact their growth in the future. Alibaba shares were down more than 8 percent on the day. That on the same date announced record turnover from its singles day sales promotion. Beijings actions come on the heels of growing regulatory action elsewhere against tech. The u. S. Justice department suing google for antitrust violations last month and European Commission filing antitrust charges against amazon. On monday. Lets go now to our financial correspondent in frankfurt, chelsey de laney. I do not believe that is jealousy. Maybe we can get chelsea up. Theres jealousy. Good morning, josi
Hello, im christine one. Boy, its good to have your company. The recent news off a potential breakthrough in the search for a Coronavirus Vaccine couldnt come soon enough reported cases in africa are nearing 2000000 with the infection rates. Exin orating in some countries, kenya has reported its highest state that so from over 1000 with 24 people succumbing to the virus. Now this number pales in comparison to other parts of the world, but its the increasing number of deaths comes as the rate of new infections, spikes across the country, mostly in nairobi and the number of people infected with the coronavirus in kenya is shot be rising. Its a worrying trend in a nation where intensive care beds are in short, supply or farts. He says started scaling up the countrys testing capacity, reporting more than 1300 new infections on tuesday with out of work seen without any cure in sight. Weve probably been looking at most people peeks over the next coming months. Kenyas government brought back
That means you can jump in anytime you want and i always appreciate ok lets go to also 1st theres a lot of discussion about trumps decision to move i think what 12000. 00 troops out of germany and the the the theme is that coming out of the white house germany is not paying its nato bills but that im not satisfied with that explanation oh by the way its bipartisan its a bad idea everyone knowing i know everyone that knows me watching this program i think nato should be dissolved completely but nonetheless and you know the top line story here is miss place this is about a fraught relationship that germany has had with in nato with the United States leading that Alliance Since the end. Since the not in the end in the end of the 1940 s. All the way to the end of the cold war in 1901 so theres something much bigger players go ahead. Well trunk obviously is a much much bolder than his predecessors no you are correct this is something that has always been some tensions in the relationship ha
Are people listening to this again its a bit of a paradoxical so already im a big coup and im thinking like russian but the place gets you. I made my decision to come here because i felt i could build a new life even. If. I am joined a russian far. More raw deal samina through signals that small team doesnt get hoarded unionized. Gladney on the. I mean emotion poured it. On the door of your. Great britain july 17th 949 the son is born to young. Polish immigrant and his english wife Rita Marjorie Chumley even though the family was already multinational the parents could never have foreseen that one day their child would become a russian. Prime russian im an immigrant to this country but im russian and its my home and no one can something bad about it they should firstly look at themselves. John lives here in the village of. A region thats not his house its not hotel john built for tourists he designed it to take up residence in an old cow shed today im living here in russian its called
Home. Dr. Nicole saphier will weigh in on that news. House Speaker Nancy Pelosi says she sell whoing firm in negotiations for stimulus to the american people. More proof that President Trump had to take matters into his own hands. Well hear from steve moore and congressman matt gaetz coming up. All that and more on making money. Charles well i think todays action coupled with yesterday reflects that the market is sensing continued improvement in the economy and also a belief that a vaccine happens sooner rather than later. Remember yesterday it was the travel stocks and Airline Stocks were rockin and socalled covid19 winners, they were hit hard. Part of this belief is being fueled by evidence. Take for instance the tsa travel data coming in at the highest level since late march. We had some false alarms this year on all the names. I want to bring in david nelson and Wealth Enhancement Group senior vp, nicole webb. Nicole, weve seen the travel stocks popped big, casino stocks and then t