Hello im daryn jordan this is counting the cost on aljazeera your weekly look at the world of business and economics this week. We are now the number one producer of oil and natural gas anywhere in the world. We are independent and we do not need middle east Oil President trump wants u. S. Troops out of the middle east we take a look at the trillions spent on wars and the billions of men tainting us military bases. Also this week the hog and pork industry has taken a hit from african swine flu in china and asia but does the Meat Industry need to change to save the planet. Frances digital tax on big Silicon Valley tech that could escalate a trade war with the United States. Well right now there are 200000 u. S. Troops stationed at more than 800 bases in 70 countries and territories outside the United States despite President Trumps pledges to end the endless wars the number of troops in the middle east has increased well the assassination of irans 2nd most powerful figure qassam soon th
Hello im daryn jordan this is counting the cost on aljazeera your weekly look at the world of business and economics this week. We are now the number one producer of oil and natural gas anywhere in the world. We are independent and we do not the. Middle east Oil President trump wants u. S. Troops out of the middle east we take a look at the trillions spent on wars and the billions of men taining us military bases. Also this week the hog and pork industry has taken a hit from african swine flu in china and asia but does the Meat Industry need to change to save the planet. Frances digital tax on. Big Silicon Valley tech good could escalate a trade will with the United States well right now there are 200000 u. S. Troops station that more than 800 bases in 70 countries and territories outside the United States despite President Trumps pledges to end the endless wars the number of troops in the middle east has increased well the assassination of iran 2nd most powerful figure a cost him sin
Expected to move to trial, the phase one china trade deal expected to be signed at the white house this morning top trump economic adviser larry kudlow joins us first cnbc this hour. And financials are in focus, bank of america beats for the quarter, goldman hampered by litigation charges target shares are plunging. Holiday sales miss on estimates on weakness and toys and electronics. The u. S. china phase one trade deal said to be signed this morning this is what secretary mnuchin said about the agreement earlier this morning on squawk. We need to put together very significant laws to change rules and regulations and made strong commitments to our companies there will not be forced Technology Going forward thats a big win for our technology companies, businesses and American Workers we look forward to learning more in the wake of this signing. Jim, mnuchins appearance this morning brought us something new, the notion of phase 2a, phase 2b, phase 2c, so stories evolving rapidly i think
Military bases. Also this week the hog and pork industry has taken a hit from african swine flu in china and asia but does the Meat Industry need to change to save the planet. Frances digital tax on big Silicon Valley tech that could escalate a trade war with the United States. Well right now there are 200000 u. S. Troops stationed at more than 800 bases in 70 countries and territories outside the United States despite President Trumps pledges to end the endless wars the number of troops in the middle east has increased well the assassination of iran 2nd most powerful figure cost him soon the money by u. S. Drone strike has led to the deployment of more troops to iraq and one iran hit back and tensions appear to have eased for now a shadow war goes on which raises the question how much does the United States spend on its presence in the middle east well since 911. 00 taxpayers in the United States have spent 6. 00 trillion dollars on wars in afghanistan iraq and syria thats according t
Firm well get details from moscow. Plus will it erupts sweetmeat people fleeing the tell all book in there with the philippines they fear returning to scenes of complete devastation. And that storming the stasi east germanys secret police were feared and hated today marks 30 years since citizens of the former communist regime forced their way into the headquarters in east berlin and prevented the destruction of millions of files in the waning months of the country known as the d. D. R. Im bring coffins good to have you with us we begin tonight with what u. S. President trump is calling a major victory. In his economic policies with china after 18 months of economic conflict the United States and china have entered a trade truce or at least the 1st part of that truce President Trump and chinas chief trade negotiator today signed phase one of a new trade agreement just a short time ago at a ceremony at the white house its aimed at lowering tensions in a trade war that has slowed growth a