Secretary, good to see you sir. Its an honor to be here. Thank you very much to aits kind of interesting being vice chairman. I dont know how you described it until youve experienced it is really hard to imagine all the things that happen when you are vice chairman but theres an interesting dynamic that happens because on 18 november i changed command that u. S. Strategic command and when i changed command at u. S. Strategic command i was in command of 150,000 americans. They went to work every day to do the ab150,000 americans is an interesting element in command structure. Then on 21 november i swore in as vice chairman of joint chiefs of staff and went to a staff of five. Because im actually not in command of anything anymore. I have no command responsibilities, and will command anything. [laughter] when we drove out to omaha on the way over here and we were in a little bit of a hurry because the chairman had been out of vice chairman a little while he wanted me there quick. We were
A possible cyber attack are widespread as a run has strong Cyber Capabilities and it has previously been linked to attacks on major banks such as j. P. Morgan bank of america and wells fargo in 2012 saudi aramco suffered one of the worst Cyber Attacks in history when 35000. 00 computers were partially wiped or destroyed by hackers now while the decline housewife almost 200000000000. 00 on the companys market cap saudi aramco shares are relatively insulated from conflict as many of them are held by government institutions and regional investors who are less likely to sell the company now continues to lean heavily on friendly local investors to uphold its bloated valuation. Joining me to take a deeper dive into these topics and to give us a broader scope of how markets are reacting were happy to be joined by peter schiff of europe a civic. Above the trading thank you both very much for being here so peter lets start with you gold and oil now are are spiking for very Different Reasons wha
Pile up in this and the so we break down what else has gone wrong for the embattled Aerospace Giant with molly barrows contributor with americas lawyers we have so much to get to today so lets waste no time and jump right in. As tensions in the middle east escalate over the weekend Global Markets are slumping as investors push toward safe haven gold is at 7 year highs and oil jumped briefly to its highest since september there is fear that any middle east conflict could disrupt global supplies with futures rising 2 percent to 70. 00 per barrel and u. S. Crude climbing to 64. 00 while crude turn lower monday giving up earlier gains it is still posting its 5th straight week of games the u. S. Is becoming less sensitive to Oil Disruptions and price spikes as the country became a net patrolling explorer for the 1st time in modern history analysts have commented that further up sties still remains as iran is almost certain to respond in some scale scope and magnitude and events in 2900 serv
Iran president said armed forces admitting their mistake is a good first step and that all involved in the accident will be punished renault denies reports of a possible split with nissan and france finance minister calls the rumors malicious welcome to the show. One of the main stories moving markets overnight, chinas yuan strengthened to the highest level after the Treasury Department removed the label of the country as a currency manipulator. Steven mnuchin said the country made moves they first attached the label when they accused them of using the yuan to get an unfair trade voontage the first rise in export since july signaling a recovery in demand following a preliminary trade agreement. Imports rose while the countrys trade surplus increased. An on annual basis Interest Rates rose 0. 5 . Chinese vice premier liu he a arrived in washington. Reporter two days ahead of the signing of the phase one trade deal in washington, d. C. The news has to did with china trade numbers for dec
This and the so we break down what else has gone wrong for the embattled Aerospace Giant with molly barrows contributor with American Lawyer we have so much to get to today so lets waste no time and jump right in. As tensions in the middle east escalate over the weekend Global Markets are slumping as investors push toward safe haven gold is at 7 year highs and oil jumped briefly to its highest since september and there is fear that any middle east conflict could disrupt global supplies with futures rising 2 percent to 70. 00 per barrel and u. S. Crude climbing to 64. 00 while crude turn lower monday giving up earlier gains it is still posting its 5th straight week of gains the u. S. Is becoming less sensitive to Oil Disruptions and price spikes as the country became a net patrolling explorer for the 1st time in modern history analysts have commented that further up sties still remains as iran is almost certain to respond in some scale scope and magnitude and events in 2900 served as a