These 2 extremes so. It would be i think we should expect countries like russia to look roughly the same intensity in 20 years time and its going to take quite a lot to shift russia even to a complete or a terran state that doesnt hold elections rule or to a much more Democratic State where we could genuinely talk about some of the troops and losing power i was drawing of a after the soviet union and i remember very vividly this transition from infuse the absentee anyone if you see as and for democracy to see a lot of cynicism not only among the people but also among the leaders and when it comes to the latter and. It was primarily driven by a realisation and deeply held belief that for the west democracy is not a value its not the goal its not something that they lead by its actually an instrument its in to all of many places and its as theyve i think totally wrong about that. Tell me a little bit more because i dont really see why democracy would be a stick of the west so tell me a l
Do you remember what the significance of that year was . I know you know but for those who dont, that was the introduction of the iphone which literally changed the way we use devices with those multimedia functions and enabled and opened up several doors of opportunity for us to have this conversation today but on a regulatory front which is more in line with your questions in the 1980s the sec launched its first cell phone spectrum van and through a series of those decisions, based on that, we are now seeing that launch this Global Mobile revolution. Of course, revolutions often happen in different phases and different stages so now in terms of mobile revolution or evolution we are talking about the fifth stage in some ways but not in all communities and that is another topic for another time but the fifth wave or evolution when it comes to mobile phones and what we saw around the third wave or so is these devices becoming smaller, more nimble, less expensive and more ubiquitous so y
Caixabank and bankia talk a merge. U. S. Futures are none volatile with job growth expected to grow in august a warm welcome to street signs. Happy friday it is all about markets. Wall street took a nose dive breaking a 10day win streak now the question, is this a start of a bigger rotation out of growth quality stocks into more valuable parts of the market which have underperformed europe stands to benefit thats the way many investors are thinking about it the cac 40 and the dax in positive territory. The spanish market performing very well. Getting a big boost looking to merge there. Look at the sectors. The major gains coming in the most cyclical part of the market banks up, travel and leisure, basic resources, auto round out the best resources the most defensive parts of the market underperforming, food and bev down apple shares in frankfurt fall wiping 150 billion off the market cap it speaks to the size of apple that it can lose that many man in one day we are looking at those th
4 , amazon off and google off. But netflix is the out liar this morning. Netflix shares really out performing this year tesla is down about 14 this morning. If you look for a full week it is down about 24 . But you know that is only about three weeks of gains it has lost it is still up about 24 over the past one month 90 over the past three. Considering that, and all of the moves that this and other stocks have had, lets get to bob with more Market Movers bob . John, 41 declining to advance in stocks. What we dont have today is they have just barely avoided the moves. They moved down, oil, the energy ets is at the lowest level so theyre doing nothing but drifting lower this morning. Banks got lower yields and a flatter curve. We are off of the lows and we are at about 116 right now so just off of these lows here for some of the tech names, but not much, it looks choppier than it did on thursday and friday when it was straight down. So a little choppier there as you see today. A healthy
Continue. Governor newsom signing a proclamation to allow some of the emergency and energy users and utilities to use backup energy sources. This is to relieve that pressure on the grid during those peak times. We have Team Coverage for you this midday. Nbc bay areas bob redell is live for us in brentwood. This is where several crews are fighting those fires. But we want to take a look at the weather with meteorologist kari hall. We saw lightning yesterday. And lightning has been the cause of some of these fires. Right. And were seeing the sky just lit up once again. I want to show you whats going on as we take a live look outside in San Francisco. If we were to just sit here and look at this shot, you could see the sky lighting up as we are seeing another active morning for the bay area. As we get a look at the radar and whats happening right now, a lot of storms across the north bay and right off the coast that are getting ready to move into the bay area. So this round of storms for