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Weekly knight kiinger kiplinger letter remains aa success. While it continues to tout conservative economic views with progresse socicial views. Joining me, knight kiplinger. Welcome to washington business repo. Ur family is an ititution i this town. How do you take such a valued brand and family name thais synonymous wh what you do busine news protect the brand, andeep it fresh . Knight you have toto keep innoting. You ha to keep growing. You cannot stay in a rut. Are in usual in combining properties sustained by ping subscribers yes, they are still out therere with new media. They coexist under the sam roof. They suprt each other, andnd they are both doing very well. Rebecca how do you convince subsbscriberers to continue to pay for the cmodi that so many use and even financi subscribers believ thahat information isis out thereor free . Knightht there has to be some differentiating perspective. Our weekly letter, it haa uniq perspecectiven the gornme, on taxes. We are n in the e news ....
Ultimately, yes. Ultimately they are the iran sanctions act itself. There is the lifting of sanctions. Ultimately they would have to vote. If we dont do that pursuant to the agreement are there any penalties on our part . We would have broken it, and all bets are off. Can a future president choose to abide by the president . Absolutely. A future president can but its our adjustment if this agreement is fully implemented and its working well no future president is going too choose to do that because of the implications. If this is working its achieving our goal of not having a weapon in iran. To be clear the actual repeal of sanctions would be way down the road. Its not something that happens in the year or two. Its many years in the future. Probably eight more years. I want to get to the troubling issue of inspections. Are you saying that there is no limit to inspections by the iaea that it will go on what im saying there is a process. Who pays for that . We pray a certain element of t ....
Morning. It is so vast that the Vice President of the united dates jumping into help here we will hear that plan coming up. Stephanie until then, ill give you the top news stories for the morning. I mentioned it earlier. Stocks in china earlier today. The benchmark shanghai composite index, 8. 5 , the most since 2007. Investors are growing concerns the Chinese Government may end those unprecedented steps it took to prop up share prices. Earlier this year on bloomberg television, the head of the council on Foreign Relations call that a nightmare scenario for chinese leadership. Where does the government and this party get its legitimacy . The answer is that they cannot quite figure it out. They have got a real problem on their hands and they do not quite know what to do it that is why you see massive intervention. ....
Goes forward, will the congress u. S. Congress have any role any further role in this Agreement Number one . Number two can any president alter this agreement or refuse to abide by it in the future . Well, congress will always have a role, obviously, and youve made that Crystal Clear in the context of what were doing here now. So, yes, there will be an ongoing role with respect to the enforcement, the implementation, our do we have to vote on anything . Afterwards . To repeal sanctions or ultimately, yes. Ultimately the iran sanctions act itself. There is the lifting of sanctions. Ultimately you would have to vote. If we dont do that pursuant to the agreement are there any penalties on our part . Actually, iran is fry to break the agreement because we will have broken it and then all bets are off in terms of compliance. Can a future president refuse to abide by the agreement ....
So i wanted to also ask about this idea, weve heard a lot about sanctions. And sanctions as i understand, iran has written the United Nations on july 20th about the sanctions regime. And one of the issues that has concerned me about this agreement is that once the sanctions, the long list of mainly congressally mandated sanctions that will be lifted under this agreement are undertaken if iran for example, engaged in terrorist activity, which is known to do, separate from the Nuclear Program, iran seems to have taken the position in its letter to the u. N. And ive actually read the agreement, and ive been concerned that the agreement provides the same that in fact, iran says it has understood that reintroduction or reimposition including through extension of the sanctions and restrictive measures will constitute significant nonperformance which would relieve iran from its com ....