Spiking coronavirus infections. Im chris bowen welcome to the program and of course it could be. The wrangling over whos to become the future leader of the World Trade Organization continues with the u. S. Throwing its support behind south korea candidates in the 2 person race now the move comes just days after all 27 e. U. Member countries announced their backing for the candidate from nigeria. Way all the looks set to gain the top post of the w t o after 4 months of campaigning against 7 other candidates the Nominations Committee proposed the 1st african and 1st female leader to its 164 members all countries supported the nomination with a notable exception of. One delegation could not support the can be doctoring goes easy and said they would continue to support south korean minister you. That delegation was the United States of america the u. S. Is the only country left backing south koreas you myung hee the w t o could go ahead and appoint dr goes the anyway but is hoping instead
In the media and the several media reports mention a total of at least 55000000000. 00 euros oil. The highest of the century. Tax tricks cost authorities billions. The government is covering up its own failures. It may be the biggest tax scandal in german history for years a cascade of revenue flowed unhindered from state coffers exits just perfect the become ex is the perfect crime of this for no and it didnt happen with a pistol and a schema but with a pinstripe suit and a tie. Banks and investors took advantage of the law. There was never a loophole it simply theft. The players big banks and super rich investors. Only i was able to help clarify a very complex. Sure. What that the politicians know. Is the point comics are the state failed blatantly house. Fallout from the scandal kept coming. Since i couldnt have imagined what would happen what we dont cover. In the end the main victim was the taxpayer but how did the finance sectors conjuring trick work was there a legal loophole or
So shes in the median but several media reports mention a total of at least 55000000000. 00 euros. The highest of the century. Tax tricks cost authorities billions. The government is covering up its own failures. It may be the biggest tax scandal in german history for years a cascade of revenue flowed unhindered from state coffers exits just perfect to have become ex is the perfect crime it does for no and it didnt happen with a pistol and a schema but with a pinstripe suit and a tie not just. The hanks and investors took advantage of the law. There was never a loophole it was simply theft. The players big banks and super rich investors come to hold them to mostly i was able to help clarify a very complex issue of. What did the politicians know. Its cute when charm acts are the state failed blatantly house. Fallout from the scandal kept coming. Since i couldnt have imagined what would happen what we dont cover. In the end the main victim was the taxpayer but how did the finance sectors
Beat for alphabet. Spoke to the alphabet c. E. O. About the results. Ill give you the takeaways from that conversation coming up. Facebook beats the social s the covid her storm. 2021 might not do so well. Big word uncertainty. Earningsnating the calendar and on our show we also saw the results from amazon and twitter. Clobbered inng after hours trading. Well cover it all over the next hour. Abigail doolittle is watching the market moves from new york. Abigail, lots of different stories at play. Seeing . You incredible. Most anticipated day of earnings for any quarterback, at least we have some of the answers. Lets start out with the breakdown because were a tale of two stories. Relative to first apple and amazon. Well see declines. On the surface, they did beat adjusted earnings putting up 73 cents per beat by 4. 7 . They put up nearly 65 illion in overall revenue beating by almost 2 , but beneath the surface as you iphone tioning the sales disappointing, down 21 , and china sales wer
We he as we talk about companies that should be on your radar. Next week is monster reporting hi, carter, who is charting the action it was a big week for rates and areas of the market benefit from that. Most notably banks and other financials, but lets look at a handful of charts. The first i have is the tenyear yield chart. What you see is that for the first time in almost two years the moving average is flat and on the cusp of turning up. The point of a moving average, when you break above a trend or you can measure it and the automated average is a trend line, the trend is measured by the Inflection Point we have that by all accounts in tenyear yields. And the second chart is the same circumstance the moving average has been declining for sometime and is now declining and deflecting upward next, same circumstance. Do all turns persist could these faith and turn back . Sure. Most had earnings last week and didnt do that well, but the rate move has helped this area we think rates go