Chief megan murphy. Lets talk about the business theion, looking at some of effects happening between qutar looking at some of the effect happening between caps on qatar and its arab neighbors. Megan a continuing fallout that keeps unfolding in the middle east between qatar and some of its neighbors. This is what has happened with bahrain, saudi arabia, the uae they are accusing them of , harboring islamists and not cracking down on terror. It has been a longrunning incident between them, and it has no really included in terms of imposing bans. Is now imploding in terms of imposing bans. One of the biggest businesses affected is qatar airways. Oliver a company doing very well. Megan doing very well, voted a favorite of Luxury Travelers in particular. As people know, whether it is emirates or qatar airways, they are brands that have carved a global footprint out of the last two or three decades, moved into competing directly on longhaul flights in particular with some of the american ca
This is looking at donald trump and vladimir putin, a topic that never seems to get all. It is counter intuitive. It looks at who is winning this game and who is likely to win this match. We see donald trump making this outreach to him that we have never seen a republican president elect, trying to cozy up to him in some sense, recasting that relationship with russia. What peter delves into is what is Vladimir Putins longterm game. His history is a zerosum game, by cozying things up, what is he likely to gain . Is theomacy, it Strategic Mission and outlook for the country that is important. You can try to have a personal relationship, but when you are dealing with putin, he will be thinking three steps ahead on the chessboard. Trump talksnow about his business and deal making history, but there is a salient point, there is no higher power to enforce political dealings rather than business dealings, so what can happen is anything. Megan putin does not have that much to deal with. His ec
Megan this, comes from south koreas cooperation with the u. S. Building the thaad, a shield designed to prevent a north Korean Missile attack. China, who is sensitive about border issues, sees it as a Security Threat and has urged its population to stop traveling to korea. For some areas, that was a huge part of their markets and is having a devastating effect on tourism and business is hit by chinas approach. Oliver tell us about that tourism. There are some interesting examples of what Chinese Tourists do in korea. Megan it is a strange market where people go, karaoke, specific outlets catering to this market of Chinese Tourists and the strange activities they pursue in korea. These people who built up their entire business say 70 , 80 has declined. One person writes that it feels like im staring down a dark tunnel. Oliver yikes. Carol china using the power of it its purse. Megan they goes back to tensions in the south china sea. Oliver in the market section, lets talk about stocks.
Megan this, comes from south koreas cooperation with the u. S. Building the thaad, a shield designed to prevent a north Korean Missile attack. China, who is sensitive about border issues, sees it as a Security Threat and has urged its population to stop traveling to korea. For some areas, that was a huge part of their markets and is having a devastating effect on tourism and business is hit by chinas approach. Oliver tell us about that tourism. There are some interesting examples of what Chinese Tourists do in korea. Megan it is a strange market where people go, karaoke, specific outlets catering to this market of Chinese Tourists and the strange activities they pursue in korea. These people who built up their entire business say 70 , 80 has declined. One person writes that it feels like im staring down a dark tunnel. Oliver yikes. Carol china using the power of it its purse. Megan they goes back to tensions in the south china sea. Oliver in the market section, lets talk about stocks.
Bigtime gambler. Markets close in about two hours, and stocks are down but off their lows. Another day of weakness across the board. Were talking about all sectors. On concerns the fed will height hike rates next month. Concerns they will be more pressure on an already sluggish global economy. We are now seeing the dow jones come down. 7 . The s p 500 down. 6 . The s p has been in the negative all day today. T has not been doing great at one point, it was down more than 1 . It has pulled back some of its earlier losses. I want to take you through some of the individual sectors, and you can see that financials and the tech sector are now down today, but after the rally we saw yesterday, remember, the only point since 2000 nine did we see bankshares gain as much as they did yesterday, just outperforming the broader gauge, but today, coming down from those highs, down more than 1 there, but if you look at consumer staples, it is staying in positive territory, and all of this because of wa