Rico is in germany to learn german why not learn a little simple online on your mobile three. D. W. E learning course the german media see. The e. U. Back flips on its tax haven blacklist a month after naming and shaming over a dozen nations European Union prepares to delist about half of the. Coin takes another bashing cryptocurrency continues its fall over regulation fears and smart cities of the future idea hamburg undergoes a digital transformation. And lets do business tax havens a top of the agenda today but the bloc isnt writing up a list of havens it did that last month this month its with laying down the list activists a shocked e. U. Authorities argue this is progress at its best ill explain seventeen countries were named and shamed on the list published back in december many of them was smaller islands in the caribbean and the pacific officials now expect remove eight of those countries next week after theyve made new commitments to reform they include south korea one of the
Mean what we did here is that talking about the overall theyre going to contribute about three hundred fifty billion dollars for the u. S. Economy over the next five years but wasnt too specific care where that number actually comes from but we can take a guess that the tax reform does play a role. Bringing quite a bit of the two hundred fifty billion dollars from overseas back to the u. S. And were hearing that a good twenty thousand jobs will be created and the stock actually reacted quite positively to this news so apple benefits obviously for from this u. S. Tax reform but banks are not that cheerful that concert before they have blaming actually that tax reform for the losses that youre seeing today who is to blame in your view. We do see one time charges because of the tax reform for the big u. S. Financial institutions but in the long term banks are quite upbeat that they will also profit but in the past quarter if we look at the numbers from Goldman Sachs for example which came
Mean what we did here is that bill is talking about the overall theyre going to contribute about three hundred fifty billion dollars for the u. S. Economy over the next five years but wasnt too specific here where that number actually comes from but we can take a guess that the tax reform does play a role. Bringing quite a bit of the two hundred fifty billion dollars from overseas back to the u. S. And were hearing that a good twenty thousand jobs there will be created and the stock actually reacted quite positively to this news so apple benefits obviously for from this u. S. Tax reform but banks are not that cheerful that constitute a form they have blaming actually that tax reform for the losses that youre seeing today who is to blame in your view. We do see one time charges because of the tax reform for the big u. S. Financial institutions but in the long term banks are quite upbeat that they will also profit but in the pos quarter if we look at the numbers from Goldman Sachs for ex
Begin with what appears to be a bit of a breakup. Apple, falling again. Its nearly two stocks down this year and it seems to be diverging from the rest of tech. The xlk the, up 7 apple down about 1 in the same time period. Apple is now lost about 50 billion in market cap for the past week. Tim see more, is apples rally over tech has been rallying without apple. If you think about amazon, amazons never been this overpat going into their own earnings this week since 2007 roughly. If you look at where apples trading and talking about positioning and market momentum, you got a 27 rsi which means that apple sentiment is terrible. You had everything from the supply chain rumors to the reality that we know that the Fourth Quarter or their fiscal q1 may be shipments are south of 30 million which for the market is not great news. A lot of news is already in this the stock price. Expectations are extremely low. Big tech cap is as good valuation that you have and nobody has more leverage to pull
Region. One day after a deadly bomb blast at a hotel in neighboring somalia. The president also speaking out against republican president ial candidates who attacked his policies over the weekend. We have the latest in this war of words. Hey, chinas markets are set to open in less than 6 1 2 hours. So lets start the countdown. Liz breaking news. China chewing up wall street after demonstrating a week of stabilization thanks to massive government intervention. Last night a freefall so severe, it is affecting our markets negatively right now. Spin it forward, 6 1 2 hours away from the hang seng in hong kong and the shanghai and shen gin indexes opening again. What can u. S. Inspectors expect the day after the huge fall. How will it impact your money. We take it to the traders watching and waiting at trading floors around the nation and gerri willis. Scott, to you first. What do you think happens when china opens for business . Three hours ago, they said theyre going to put measures back