This is boom bust broadcasting around the world and covering all aspects of our Global Economy in the 21st century im going to bore and im christiane washington heres whats coming up today. You will see it once again the sanctions would be unacceptable we question the legal analysis by the u. S. Authorities of Just National on digital to join. The u. S. And france are waging a terrible war of words as the nations leaders meet in london for rest of the British American Business Association is on hand to dig into the details of how a tech tax is driving the escalation plus as her team of guard has taken the reins at the e. C. B. She has already made some Firm Commitments for the central bank professor of economics on patriot and steve keen joins us from amsterdam to break down the banks move and of the central what Central Banks have come under fire around the globe we have a packed show today so lets get right to it. The Trump Administration is considering reviving a plan to kick qual w
Good afternoon and thank you very much. We have had a productive and successful meeting today and we and was agreed amongst all of us that after its foundation in london. Its true to say that nato as it made successful and it did not guarantee peace and prosperity of a billion people around the world and 29 countries and will shortly be 30 in macedonia if they are joining. It is attested to the fundamental reason for success of their lands and is based on the idea of solidarity in the defense of our values and freedom of our democracy and one for all encapsulated in article five of the treaty and would come to each others mutual defense and thats why nato roles and thats why its so powerful and so successful. In terms of the uk as long argued that it cant be remotely taken for granted and make sure that we continue to spend on our defense. That is why weve made the case for 2 of gdp as the minimum nato spending. Weve been successful in the campaign as whats happened in 2014. It has bee
A trade blacklist which for suppliers to obtain a special license to sell to it the plan has been brought back up to the decision table in order to quote impose maximum pressure we seem to hear be hearing a lot of that these days but placing huawei on the s. And d. List is a double edged sword this would create logistical diplomatic and economic difficulties for the u. S. As well this designation would prohibit American Companies or citizens from trading or conducting Financial Transactions with qual way and freeze its x. 6 held in the us this would also put pressure on u. S. Allies that already rely on a hallway for their 4 g. Networks and have broad widespread implications severely impacting businesses in europe and asia outside of china so with huawei sprawling size and dozens of subsidiaries it would severely complicate u. S. Enforcement and make it difficult to foresee and prepare for major fallout both foreign and domestic wa is finding itself increasingly unwelcomed in the Unite
The rush to find shelter of the typhoon bears down the millions of people in the philippines. Bought into the program because president promised hugs and not bullets as part of his strategy to combat drug crime a year on hes witnessing the worst day of homicides since records began in 1997127 deaths on sunday alone. Mexico so we can the violence 22 people were killed in a gun battle between the drug cartel and Security Forces in a town near the u. S. Border its the latest embarrassment for president on the rare smuggler Lopez Obrador whos vowed to tackle Violent Crime at its roots by fighting poverty i did equality with social programs rather than the army lets get the very latest from alan fischer in mexico city and of course these figures now being digested by the president what else is he been saying seize got quite a lot of people that are listening to him at the moment both politically and in Civil Society. Well im sure it must have been a shock for the president and his staff the
The meat of the last recession and prior to it. So this panel is going to be a a bit of a History Lesson. Take this off depressingly wonderfully if we can say that as a phrase. Ive heard him speak a few times ive never had to be so negative so that is something to take into consideration. I cut it its got to be a bit of a History Lesson so i want to set the stage a bit for what was going on in the years in the months leading on so when the financial downturn started and so just a reminder of the Great Recession and thought it at the end of 2007 and i was the largest collapse in state revenue on record by 2010 states were looking at a loss of 191 billion dollars in total in revenue that they had lost between from the start of the downturn and of course when there are times of economic downturn hitters more pressure on social Safety Net Services and things that cost a more money and so you have that inverse effect of more budget pressure at a time where the dollars are disappearing and s