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 AmericanBusiness 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 and things that drastic and its law. Of instability it should be more expected its rather frustrating in europe and its frustrating european businessmen that i speak to because or underlying factors are relatively stable and that is what is troubling its usually blamed on uncertainties and the slowdown in china. Hillary speaking of braggs time is running out now for Boris Johnsons no deal threat to compel the e. U. To reopen the brigs a deal on the table he wants for the continent this week is his 1st trip as Prime Minister to persuade leaders including a merkel of germany and france to support a new talks the Prime Minister repeated what has become his must have demand of removing the backstop from Northern Ireland the press conference with chancellor merkel of germany she said we can do it in german their shop and us and that specific phrase resonates from her use of it during the refugee crisis in 2015 but mr now seems to have shut the door the mrs merkel cracked open whats your take on the current status of mr johnsons campaign to reopen the discussion well i would say this i would say that we talked about before that mccrone is in a very weakened position his Approval Rating is only 24 percent and the reason i call him uncle of course is being more flexible subtly with regard to the irish backstop is that she has german businesses breathing down her neck because one in 7 german cars is sold into the u. K. And so many of their white goods are also just over a month ago there was a report that now over 14 percent of goods that were formerly purchased from germany now purchased in the u. S. U. S. What i would say is now hes going into this meeting in beer its this weekend i think this is what we can expect hes not going to waver he cant hes basing his entire premiership on the fact that he is going to get the u. K. Out of the e. U. Is going to be divided no no deal and hes done that for leverage he has to stick to that point the other thing that hes recently stated is that he sees an ankle a local just agree one of the other parts of her statement where she agree with him that within 30 days. Ways a solution should be found to the back stop with Northern Ireland and hes talked about things like the familiar Traders Program and hes talked about the leverage of technology so theyre looking at 30 days to try to solve that backstop and i think his campaign far nothing drastic has happened nothing bad has happened so hes really on track and so just to be clear hillary. Is really against as you dont see that as just settling the question i dont think that he can because hes so weak in france and i think that the only thing that would really stop it is that if suddenly all of a sudden the french businesses and europeans sort of United Forces and came up with something that would match the trade deal thats going to come up from the trade the trucks sorry the trump ministration in the next few weeks the trunk of ministration is working fall some hard headlong head strong to come out with a great trade deal and when that trade deal comes out the e. U. Will be scrambling to match it and they know that conservative views from hillary ford which are the British AmericanBusiness Association thanks so much for joining us welcome pleasure. As the september 1st deadline for the tariff increase draws closer china is sending washington another warning that the plan tariff hikes will trigger retaliation and lead to an escalation of economic and trade friction trying to appeal to washington on thursday and extended yet another opportunity to try to meet each other halfway and settle the trade war as there will be no winners just a lot of casualties the retaliatory trade barriers are clearly harming Economic Growth in both countries as well as markets one huge point of contention is that the u. S. Wants china to roll back plans for government led developments of global competitors in robotics and other technologies this has worried american officials as the huge advances in china has made lately will start to erode the u. S. Industrial and tech dominance beijing refused saying that it would violate its market opening commitments it is now. Hear that the trade deficit is merely the surface and that the real issue is about tech and who will dominate tech and shape the future of Technology Startups today are now caught in the middle of this tech cold war as investors pull back chinese Venture Capital investments in the u. S. Plummeted amid more stringent regulations in washington and u. S. Investors are also staying away from projects with chinese ties as innovation slows down from lack of investment it further contributes to the stagnating growth of the u. S. Creating a vicious feedback loop. And the rift between south korea and japan is becoming more contentious by the day in the latest collision of tensions between the 2 nations seoul announced thursday that it would end a military intelligence sharing pact with japan. So im going to our government and judge that the japanese government has serious changes on a bilateral Security Cooperation environment by removing our country in so many ways listed on august 2nd citing that there have been some problems caused by the damage trust between the 2 countries which are now your evidence for such a claim. Our producer america producer brant bora joins us now to break down the latest in this dispute between 2 of the United States as biggest asian allies brant what is going on whats the latest with this crucial intelligence pact between japan and south korea 2 regional allies of the United States now the pact called thank you for having by the way the pact called the general security of military information agreement was initially pushed by the Obama Administration and signed in 2016 as a way for the 2 nations to exchange important intel about threats posed by countries in the region specifically referencing north korea china and russia now the timing of this decision to back out of the agreement is not in significate if nothing had been done by saturday the agreement would have been renewed for a whole nother year so south korea really pushed to get out of it right at this time to make this point against japan now the United States has made clear at this time that they want the agreement to stay intact if at all possible whatever they can do to make that happen and now as we just heard from the south Korean Deputy director of National Security the latest decision by seoul stems from japan imposing trade restrictions on south korea now japan that recently installed new regulations that would cause delays in the import of 3 minerals that are key in the manufacturing of cell phone screens and semiconductors to south korea and this could affect the supply chain for the entire world when it comes to semiconductors now tokyo followed up by removing them from another list of trusted trade partners that affects the import of another 1200 parts and minerals air and materials and south korea responded by making similar moves restricting trade to japan and this whole fight is really. Stemming from a historical conflict between the 2 nations due to the actions of the japanese towards the koreans during world war 2. And now the test side any closer to making an agreement and the test i mean closer thats relative but as i mentioned the United States has been vocal in trying to calm the spat between south korea and japan but china has also been a big player trying to ease tensions Foreign Ministers from the 3 countries are currently in China Holding 3 days of trilateral could trilateral talks discussing trade and cooperation during the talks chinas foreign minister weighing ye called on the 2 nations to come to terms through dialogue adding quote china will work with south korea and japan to continue to expand and deepen cooperation jointly to maintain multilateralism and free trade and quote now it should be also noted that. It should be also noted that the countries have to have had talks of this nature this is the 9th time theyve had talks of these natures and its really not specifically to do with this trade spat between the 2 countries so well really have to see what takes place between seoul and tokyo moving forward. This adventure bar thank you so much of a mack. Time now for a quick break but stay tuned because on the other side the threat of cyber crime does not apply just individuals as several cities across the u. S. Are now being held digitally hostage and mesquite journalist ben swan longs on today to dig into the digital dilemma and as we go to break here are the market numbers at the close. So what weve got to do is identify the threats that we have its crazy. Let it be an arms race. Spearing Dramatic Development only mostly exists i dont see how that strategy will be successful very. Time to sit down and talk. Theres not. But im also the most companies he knows. His companys he most people in the school even though he goes from didnt you know to speak to c. B. C. As pro you sure. It was someone. Who seemed. Kind of these people will. They. Come to your list too. I dont know if you should have been there so. Its im definitely one of those who want to keep it and the. Readers out there you know yeah. Its going to have to be. A good many of them are a few of them are not young enough i dont think were out of. The earth. At. The. Dark shadows are being passed over at least one major brazilian cities and perhaps the future of human life on earth as more than 73000 buyers ravaged the amazon rain forest the skies over sao paulo went dark on monday as deep as a deep wide plume of smoke balled blotted out the sun the fires are so extensive that a massive cloud of smoke is clearly visible from space and satellite images of the dark cloud went viral on social Media Worldwide with many using the hash tag pray for amazonia cattle ranching is the economic impetus for an estimated 70 percent of rain forest destruction probably brazilian president also narrow was elected after pledges to accelerate before. Station by official policy mr paulson era has also suggested without evidence that pro environment organizations are at fault and may be behind the fires on thursday he doubled down calling defenders of the amazon and indigenous rights the biggest suspect in the fires the fate of amazon could be the size of our humanitys chances of surviving the current Climate Crisis the amazon rain forest is needed to offset rising levels of heat trapping Carbon Dioxide while the fires instead released staggering amounts of c o 2 experts say that the loss of 20 percent of what remains could kick off a dire process that would result in a total extermination of the amazon ecosystem. And moving from the amazon to amazon the online retailer is punctuating its push into india with the opening of their Largest Office campus yet the site in hyderabad opened on wednesday with a capacity to situate 15000 workers out of amazons total indian workforce and is on owns the facility entirely a 1st for sites outside the us and the Main Building contains 1800000 square feet of office space while the campus covers 9 and a half acres and was on his expanding their. Presence as well into their physical presence in india with the launch of amazon fresh an Online GroceryDelivery Service the service will roll out starting in bangalore the capital of Karnataka State before deploying in other cities bloomberg estimates that amazon has spent 5000000000. 00 over the 1st years of the 1st 5 years of their effort to capture market share among indians 600000000. 00 internet users. And more than 40 us cities had this year been hit by a rash of winsome Ransomware Attacks the scope of the attacks ranges from large minutes apologies i baltimore maryland to wilmer texas town of just 5000 people right now 22 cities across texas are being held hostage for millions of dollars as hackers infiltrated the Computer Systems of governments and encrypted their data and his journalism swan has been following the story and joins. Now to break it all down ben what exactly is going on with these rants more attacks what systems are being affected and how is this affecting the way these missions pallies can operate in their base of government functions yeah its pretty interesting because over the last couple of years the real targets have been major metropolitan cities baltimore here in atlanta where i am was hit last year with a humongous Ransomware Attack that shut down the citys computers and the demand for about 50000. 00 in bitcoin was made in baltimore earlier this year the city lockdown because of Ransomware Attacks but what they shifted just a little bit is there was an interesting attack on 22 cities across the state of texas just last week and it appear at least its all come from one user one hacker who essentially locked down all these small towns so talons of 5010020000 people had their Computer Systems all locked down and collectively among all of them a ransomware demand of about 2500000. 00 was made so what we have seen is a major shift from necessarily hitting these large entities to hitting very small entities whats very interesting here is that when you look at the amount being asked for you know in baltimore about 6070000. 00 and was demanded but its costing the city millions of dollars to get their system back into place and that led to cost 17. 00 to 18000000. 00 to under the Ransomware Attack when 50000. 00 was what was demanded so at some point you have to look at it and say is it really worth it to not pay these ransoms other than just encouraging more of this fascinating and why have we seen this rash of random or attacks happening now this here and what have the hackers demanded outside of money of their made any other demands. No its primarily money thats being asked for in the form of crypto currency and mostly and because whats really interesting about this is if you look at where these attacks have come from where theyve really come from is from n. S. A. Design hacking tools that were released to hackers online in 2017 someone broke in and released these these tools i was through a program that the n. S. A. Created called eternal blue and eternal blue essentially was taken and has been morphed into multiple viruses including the largest ransomware virus on the entire internet in history something called one the cry of the one a cry virus has affected more computers than any other Ransomware Attack whats interesting is as recently as the baltimore attack a number of private contractors who were studying that Ransomware Attack said this is an eternal blue attack whats really interesting is that Dutch Ruppersberger the congressman whose district includes the n. S. A. Headquarters in maryland released a statement saying the n. S. A. Virus was not a part of this attack he released it from his Congressional Office the n. S. A. Put out a statement saying no was an ours has nothing to do with us and yet theres no information as to how they knew this when private contractors who were looking at it said yes this was an internal blue attack whats fascinating about this is what we have seen is an increase in Ransomware Attacks because of hacking tools that they in the say created and then were released to hackers in mid 2017 thats why weve seen such an uptick between 2002702090. Fascinated they created dangerous tools and let them fall into the wrong hands so now i look upon the wrong with that in cities and exactly so i have been for the response from the cities like as you mentioned a lot of them are upgrading assistant bar and pain simply because its cheaper. Some have paid because its cheaper there are some cities in florida that were hacked and went under these Ransomware Attacks who went ahead and paid the money and i. I think it was about 600000. 00 that they paid out but in response to having to pay nil use of dollars to fix their systems cities like baltimore have refused as i said the city of atlanta refused to pay and 18000000. 00 now im