By the spring of 1950, only five short years after the last shots of world war ii had been fired, the United States army had been reduced to an active force of 600,000. A great number of these were scattered about the world on occupation duty. But the armed forces of the communists, soviet russia and red china, remained on a strong wartime footing and in belligerent posture. Aggression was soon to come. Americans would be fighting against tyranny for the third time in 32 years. Korea. A crowded Little Finger of land, but a key importance to the free world in the far east. What happened here opened the next major chapter in the history of the United States army. The war began here at the 38th parallel. Just how did this imaginary line become the fuse for a threeyear explosion . Before the japanese surrender in world war ii, we made an agreement with the russians who were then our allies. When surrender came on the asian mainland, Russian Troops would accept the surrender of Japanese For
Are increasingly likely to be made as early as next month. Here to check in with us on the euro zone braggs and everything in between is hell a for which board member of the British American Business Association so hilary 1st of all on the e. C. B. Meeting there really consistent with mario draghi recent statements but how much is new here and terms of the multiple intervention strategy where they hope for mutually reinforcing a fact and then this idea of a cure deposit rate well actually some of its new in front of it isnt so new that what theyre talking about in terms of this in the wrong approach is that its the asset purchases and also reducing Interest Rates and that is going to be actually happening globally if you look at whats happened also in thailand new zealand india same thing and you look at the bank rate cut by the fed in july whats happening by the European Bank i think the only thing thats really surprising is that when there are sort of it when theres a lot of turmoil
Measures are on the way including Interest Rate cuts and a defacto return to the policy of quantitative easing with bond purchases among the familiar actions are now widely expected but the e. C. B. May also be feeling pressure to develop new interventions as the minister record a discussion of multitiered deposit rates as momentum seems to build announcements are increasingly likely to be made as early as next month. Care to check in with us on the euro zone brags and everything in between is hell a for which board member of the British American Business Association so hilary 1st of all on these e. C. V. Meeting theyre really consistent with mario draghi as recent statements but how much is new here in terms of the multiple intervention strategies where they hope for a mutually reinforcing a fact and then this idea of a cure deposit rates well actually some of its new and some of it isnt so new that what theyre talking about in terms of this is a multi prong approach is that its the a
I in los angeles hands on like i watch on deck today there are rumblings in the euro zone that the torch has a major quake on the horizon for the european economy kelly for the British American Business Association is on hand to analyze the situation in the e. U. From baghdad to tallinn instability plus lurking in the shadows of us trying to trade war another trade spat has killed over across the sea of japan south korea and japan have ramped up their scoot so now include military ties argy producer brant your board jones has joined the show to sift through the shaky trade relationship but for them cyber crime does not just apply to individuals as several cities across the you want are now being held digitally hostage investigative journalist ben swan logs on today to dig through the digital dilemma how do we make this show so great its a trade secret lets go. On the record evidence indicating more stimulus measures for europe are on the way and leads are global report today as market
Our stops by going to cspan. Org citiestour . They were very bride wheels compares the careers in leadership start want tof the things i make sure before we go into our , is to thank those of you who have come from other and some of our supporters. One of the people not with us today but is a life member an honorary member of our board is James Robinson junior. He has had some Health Issues but he is recovering and i know he is back on the speaker circuit. Nick who has also had a few Health Issues and not able to travel right now. One of the great collectors, folks who hut is folks connected with the Shenandoah Valley battlefields. Two people who are very has made to me, sarah all of this work behind the scenes. She is constantly making sure that something needs to be done and it gets done. Like that. Meone last but not least, my wife elizabeth. Elizabeth has come down from virginia to join us. Into myill do is move part of the presentation. We are going to talk about the leadership. W