Guy johnson in london. Lets get the first word news. China is on a mission to create an Aircraft Carriersized investment bank. They are opening up 45 trillion financial industry would also wants to beef up its own players to go toe to tell giants. At the moment chinas brokers dont have much of an international presence. Adding together the 131 brokers have about as many assets as Goldman Sachs by itself. Germany expects the nord stream 2 two gas pipeline to be delayed but it should be completed in the second half of next year. Costs are rising after sanctions u. S. Sanctions on the project. Of japan and south korea are holding their first formal meeting in 15 months amid a longstanding historical dispute that hit trade in the region. It also had a trilateral meeting between the three. Theyve reached International Cooperation on dealing with north korea. 2019 has been a good year for the superrich. Almostrichest man added 17 billion to his wealth this year. Over 11 billion. , bernard,nn
Nordstrom, one of the retailers that defined expectations this week, it seems like the market is all over the place with these retailers, to put out a positive vibe for the holiday season. Earningscame out with that pleased the street. A lot of shortsellers likely to get squeezed today. Other consumer goods were up 6. 5 . Smuckers has been punished with the likes of conagra and campbell. Guy in europe, we have stocks higher. Volume looks all right. The pound trading lower. In terms ofk services and manufacturing. We saw a week data coming out of the eurozone. Christine lagarde has been talking in germany, talking about the idea that we need some joined up thinking when it comes to Government Spending and monetary policy. Will that actually deliver . We will wait and watch. Vonnie lets get to hong kong. U. S. Legislation supporting protesters has been drafted and agreed to by both houses. As for President Trumps signature, he is counting amid trade talks with china. I stand with hong ko
Former advisers, piers pottinger, a great friend of our program , is going to tell us program, is going to tell us something very interesting about mohammed and Princess Diana. We want you as well want to hear from you as well this particularly this morning, particularly if you to affected by you are going to be affected by kids able to to kids not being able to go to school. F e at gbnews. Com is the gb views at gbnews. Com is the email we would really, email address. We would really, really from really love to hear from you because an absolute because it is an absolute nightmare. Were meant to nightmare. Were all meant to have to School Feeling have that back to School Feeling and some of them, many of you in fact will not have kids going back school. Let us know back to school. Let us know whats you, wont whats going on for you, wont you . Whats going on for you, wont you. 7 heres whats going on for you, wont you . Heres the you . First, though, heres the very tatiana very latest ne
Mr. Secretary, i want to thank you very much for coming. Let me give a brief introduction and we will go into some questions. Secretary mnuchin is the 77th secretary of the treasury. He is a native of new york. Graduated from yale in 1995 where he was the publisher of the yell daily news. Yale daily news. 1985ined in its true that if i were i could not acknowledge it. Inhe joined Goldman Sachs 1985. Became a partner in 1994 and rose up to be a member of the management committee. He was the chief Information Officer of Goldman Sachs. He left in 2002 after 17 years and formed doing capital dune capital. He also was involved in the business. Ent he financed a number of movies including avatar, mad max, and movies like that. Meer that occurred, he told that a dinner once that he would become the Campaign Finance chairman for donald trump. I said you will never be heard from again because [laughter] that is correct. But my predictions are usually wrong. It worked out well for you. You becam
Discussing tax policy. The debt ceiling and other issues. This is 45 minutes. I want to thank you very much for coming. Absolutely. Glad to be here. Mnuchin is the 77th secretary of the treasury. Yield in 1985rom where he was the publisher of lee yield daily news ya daily news and also a member of skull and bones. You cannot acknowledge it. If i were, i could not acknowledge it. He joined Goldman Sachs in 1985. Inman sachs 1985. Became a partner in 1994 and rose up to be a member of the management committee. He was the chief Information Officer of Goldman Sachs. He left in 2002 after 17 years and formed doing capital dune capital. He also was involved in the business. Ent he financed a number of movies including avatar, mad max, and movies like that. Meer that occurred, he told that a dinner once that he would become the Campaign Finance chairman for donald trump. I said you will never be heard from again because [laughter] that is correct. But my predictions are usually wrong. It work