Switzerland, surprised to see the news come from th the blog. Gently axel weber nudging this dialogue forward . Francine it is a publication that doesnt break that much news that often, which is why we are taking it with a pinch of salt, but we understand it was well sourced, and this will be a conversation spearheaded by the two chairman of ubs and Credit Suisse combined. That would be extraordinary. Tom for an american arlenes that for an american audience in the Early Morning for an american audience in the early one, could you imagine bank of america and j. P. Morgan combining . That is the equivalent. There is nothing else going on today, right . Francine not at all. Tom ive got to look at my tiktok. Francine lets get to first word news in new york city with ritika gupta. Tiktok has abandoned talks with microsoft to set its music and video app in the u. S. , now favoring a partnership with oracle. Look moreit would like a Corporate Restructuring than an outright sale. President tr
Dealnews, kicking it off with one of the slew of deals, oracle and tiktok. The u. S. Government will undertake a security review of the potential partnership. Treasury secretary Steven Mnuchin said that earlier today and added the deal tiktok would create Tiktok Global and finalists. Joining us now, shelly banjo. Outre waiting for more news of oracle. It still needs approval from the u. S. And beijing. What are the odds this thing actually gets through . Shelley we are far from done. I would say we are just beginning to figure out what will happen. Now the ball is in the Trump Administrations court. Has a set ofktok microsoft, your proposal is not going to fly with us. Were going to go with oracle which provides much more control to keep a lot more control of the companies can previously discussed under a microsoft deal, which would have been outright sale. Trott has been pushing for an outright sale, and many members of the administration had been pushing for an outright sale for many
As a result, you have the two sides stuck. There is broad agreement to that something more has to be done to address the challenges created by covid19 and the covid19 related shutdown. The other issue discussed is we are headed for a Government Shutdown if we do not get government funding within the next two weeks by september 30, we are headed for a Government Shutdown in the middle of the election, in the middle of a pandemic. Not only is there the question of how we stimulate the economy, there is the question of how we keep the government open. David taking the immediate thing, we have heard from Speaker Pelosi as well as secretary mnuchin they think they have some sort of a deal whether it is written down or not. They think they will have something clean, is that a big problem . Lanhee they do apparently have an agreement. He challenges what clean means republicans view a clean extension of existing government funding is just that, a clean extension without any provision stuck on
Bishop, for allowing me this time. Part of my amendment is in the en bloc and it deals with wastewater treatment. No person in america living in this country should be allowed to not have adequate plumbing. This is why ive introduced an amendment asking the usda to pry or oties our ongoing efforts to address failing septic systems in Rural Communities. Approximately 20 of americans are responsible for the installation and maintenance of their own sewage disposal systems, which isnt provided by their municipalities or their county government. At least 200,000 families live in homes that have a lack of sewage system altogether. We offer little assistance to people who live in unincorporated areas to have basic water and sewer. Rural communities across this country struggle with this issue. Just this week, i read lots and lots of articles that dealt with failure of those folks in Rural Communities to have adequate sewage systems. This amendment is a part of a multiyear effort to address t
B welcome. Im cliff may. I say this objectively. Ukranians are defending their homeland from the unprovoked illegal and imperialist wars being waged by invading Russian Troops under the command of vladimir putin. I also say this objectively. Ukraine is on the frontline of a global struggle. They are fighting in defense of whittier pd persist in calling the free world. So we are pleased and honored to have with us today ambassador Oksana Oksana markarova. She previously served in ukraines ministry of finance so she is good with math as well as diplomacy and she two years working in the private sector a useful experience for most people and thats a subjective opinion of mine. Just a few housekeeping notes. As most of you know for more than 20 years now at td is operated as a nonpartisan Research Institute exclusively focused on National Security and foreign policy. Its a source of Timely Research analysis and creative policy options. We take no Foreign Government or foreign corporate fun