Getting up Way Too Early with us on this tuesday morning. Morning joe starts right now. Hes not very funny. That guy. Those three guys, theyre being blown away by gutfeld. It was like 2015, thinking about running. I was going to run. I went on his show, right . He goes the tonight show, which is dying. Where is Johnny Carson . Bring back johnny. It made you appreciate, right, uncle sam, made you appreciate the greatness of Johnny Carson and these guys. These three guys, theyre so bad, all three of them. All right. Where is Johnny Carson . Bring back johnny. Im a big fan of johnny. Very good. That was donald at a rally yesterday. In pennsylvania. Wondering why, willie, they wont bring back Johnny Carson. Its always a terrible thing when you meet somebody and say, your parents must be proud of you. Then you go, yeah, they passed away 15 years ago. Johnny carson, a great man, a great comedian. Im telling you, and i knew it in real time, like, i was like, we get to see this guy every night
Always a pleasure to see you. This is a company that almost collapsed two years ago. Why is it filing for bankruptcy in the United States . I think it is a legal move. The Debt Restructuring Talks were already going on with hong kong, cayman islands, word has holding companies. The advantage for evergrande to file for bankruptcy in america is a gives it some protection against us creditors for the duration of that Court Process. I5 creditors for the duration of that Court Process Court Process. Is there a lot of exoosure Court Process. Is there a lot of exoosure for Court Process. Is there a lot of exposure for foreign Court Process. Is there a lot of. Exposure for Foreign Companies Court Process. Is there a lot of exposure for Foreign Companies here . I think there is a certain amount of exposure. There are enormous amounts of debts, large amounts of the offshore bonds have lost their value and i believe many of the less risk taking investors already sold their offshore bonds a couple
Bankruptcy protection in the us under chapter 15 which governs Foreign Companies in the us, protecting them from creditors that might want to sue them. You have probably heard of chapter 11. That typically governs American Companies but it is chapter 15. According to Court Filings these negotiations are ongoing in hong kong, canaanite and British Virgin islands. We have reached out to evergrande that have not had conversation. To those who have wondered if they have ever thought of evergrande before it is chinas huge property giant. They have about 1300 projects across 280 different cities in china and they invest in everything, not just property. They have an electric vehicle maker and a football club, but as i mentioned, 2021 was when we saw the Company Default on its debts, sending shockwaves across the Global Financial system and triggering a string of defaults from builders who owed money to evergrande or expected them to complete some contracts. We have seen 40 or the companies t
You know, an iphone sold in the us or europe might be designed in california and built in india using Semiconductors Made in taiwan from Raw Materials provided by china. So if any link in that supply chain breaks, it sets up big problems for the rest of the chain. And thats true for smartphones, as it is for pcs, and especially in Battery Production for those Electric Vehicles were buying more and more of. So what if one country decides to make it harderfor others to get hold of some of those critical Raw Materials . Well, thats what china announced just last month. Translation the Chinese Government implements i Export Controls on gallium and germanium related items in accordance with the law to ensure that they are used for legitimate purposes in order to safeguard National Security and better fulfil our international obligations. For quite some time now, the us side has been abusing Export Control measures to continuously strengthen its crackdown on chinas semiconductors and artific
An exclusive interview with president Bidens National security adviser Jake Sullivan. We talk about russias war in ukraine. Threats from china, and americas role in a new world. And it is gpss birthday. This year we mark 15 years of the Global Public square. It is astonishing how much has happened in a decade and a half. And we will bring you the highlights. But first, here is my take. As i was following turkeys recent general election, i was stunned to hear one of the countrys top officials then Interior Minister speaking to a crowd from a balcony jubilant, he promised that erdogan would wipe away whoever caused truoube for turkey and that includes the American Military. And he declared that those who pursue a proamerican approach will be considered traitors. Keep in mind turkey has been a member of nato with American Military bases in the country for about 70 years. Turkish president erdoganoch used antiwestern rhetoric himself before the elections first round, erdogan tweeted that h