Im sally bundock. We start here in the uk, where the Chancellor Rachel reeves will pledge A Budget To Rebuild Britain in her speech to the Labour Party Conference in liverpool today. Shes under pressure to provide some optimism after labours gloomy messaging on the state of the economy they inherited from the conservatives. But her controversial decision to Axe Winter Fuel payments for 10 Million pensioners threatens to overshadow her speech, with a vote challenging the move also expected today. Lets get more now from joe nellis, whos economic adviser to mha a Uk Accounting Firm And Professor of Global Economy at cranfield university. Good morning. There good morning. There was good morning. There was a good morning. There was a lot good morning. There was a lot of pressure on Rachel Reeves to change the music, to be more optimistic, what do you think . I think she will struggle to change the mood music. We are in a difficult position, the economy has been flatlining for the last coupl
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Chinese versus shooting pain said washington needs to look at chinas development in a positive light. All in order for bilateral relations to improve. China is willing to see a confident and open us with prosperity and development. It is hope that the us can also look at Chinese Development positively. Only one is fundamental issue is resolved with the china us relations be truly stabilized. But is this just more theatre or tensions between the 2 world powers at a breaking point, which will have devastating effects on the rest of the world . Well, let us discuss with our panel k, j now author and east asia, expert line, all of a line on media and tim iverson, host the iris, and show thank you so much for joining me. All 3 of you. Thank you to. So kim, im actually going to start with you because it is no secret that republicans and democrats and office often speak of china as the number one threat globally. Yet only a few pieces of life legislation have actually been passed, which draw
Wednesday on wednesday, the employment report for july will come out with International Trade. On thursday, well get jobless claims. And that all leads to fridays big jobs report. See what theyre suggesting about the open at this hour. The dow flat course the board. Disney, dreamworks, time warner, fox, all on the calendar. Stiefel is raising its price target. And seeing the stock getting to 130 a share. Also has a value rating on those shares. Disney up 40 over the past year. Harder and harder to come up with something new, isnt it . And Mission Impossible big opening. 56 million. I saw it i saw it on wall street. I liked it. Tim, tim hanging on the side of the airplane which is pretty cool. I think with the people involved with insuring tom cruise, its like at times. With tim on the motorcycle which is going 130. Mission impossible did you used to watch it . The original tv show. It was pretty cool what they had had to do. Alec baldwin was a bad guy to start, ahead of the cia, and th
Road map begins. Stocks still on the high despite hiccups. Donald trump blast the nfl. Its having huge ripple effects and could have a large corporate impact. Facebook settling a lawsuit with investors but its trouble far from over. Revelations about what the company did and did not know when it comes to russian interference in the u. S. Election. Futures are moving lower have a positive week for stocks despite the dow being in the midst of a two session losing streak. Global markets reacting to developments out of germany. Merkel wins. The far right party will Enter Parliament for the first time, one of the cofounders says she will not sit in the caucus in the boon to stocks. Theyve got internal politics to work out over there. What a weekend of news, jim . Yeah, this european news i felt is collaring our markets much more than people realize. Why are these markets not reacting negatively . I think the more nationalists win, the more the parties in power feel like they have to spend,