if you, don t, you lose. now that may sound unfair, but we did not make the rules nature did. ignore t we can choose to ignore them,he but those rules will never change. sorry wil. thankfully for americans, we live in a country that is remarkably abundant in all three of those things. the u.s. has the most fertile farmland in the world. we ve got more potable freshwater than virtually any other place and critically, first of all, america has the largest recoverable oil reserves on the planet. we are no one in that category and that matters maybe more than anything. now, let me be telling you on cnn that so-called renewable energy windmills and solar panels are about to power the world s. but that s absurd and no one corrects them and somebody should because a lot is at stake.e.at if your nine year old sta startt telling you i m like superman, you have to correct him before he jumps off the garage.ect the the stakesbe are high. so it is incumbent on the rest of us to point out
Investors scramble for snapchat, in the biggest Tech Flotation since twitter. But is the app a Cash Cow Orjust a craze . Plus, coming up on netflix the boss tells us his plans for the Internet Tv Giant as it heads towards 100 million users. Welcome to World Business report. Im sally bundock. Also in the programme up up and away the us markets blast through previous record highs, the global rally is continuing in asia. Details in a moment. We start on wall street where investors are gearing up for what could be the biggest and certainly the most hyped Technology Flotation since twitter in back 2013 or even facebook the year before. In a few hours time shares in snap the owner of photo messaging app Snapchat Will Begin Trading on the new york stock exchange. The big question will it end up a Stock Market Giant like facebook or, like twitter, a bit of a flop . Heres what we know so far the flotation has been hugely oversubscribed there were as many as ten orders for every share. Thats all
Of extraordinary Political Drama on capitol hill, as the republicans tried and failed to put their health ca re tried and failed to put their Health Care Legislation to a vote, early morning, The Big Question was, did they have the support to get the bill across the line . After intense last minute discussions between Speaker Paul Ryan and donald trump, just minutes before the planned vote, the president called the speaker and told them to pull it. A little earlier, donald trump had this to say we had no democrat support, no votes from the democrats, they were not going to give us a single vote, so it is a very difficult thing to do. Give us a single vote, so it is a very difficult thing to dolj give us a single vote, so it is a very difficult thing to do. I have been saying for the last year and a half, the best thing we can do politically speaking is let obamacare explode, it is exploding right now. Many state have big problems, almost all states have big problems. I was in tennessee
With the russian story and found zero proof, so now they go for Obstruction Of Justice on the phony story. Nice. Thats trump in tweet. Joining me now are three National Security reporters, charlie savage, adam entous and shane harris. Shane, youve got the story which follows up on what we had last night, that the Special Counsel is looking at the president for Obstruction Of Justice. My question is how do you have to add to that . What you have now is you have the president both trying to convince Director Rogers of the nsa to come out and shoot down these issues of collusion, but also privately still continuing to doubt the very intelligence that the nsa collected that led to the conclusion that russia interfered in the election. Weve seen trump publicly talk about the fact he thinks theyre nothing to russia, but to know that hes now saying this privately and continuing to argue with one of his intelligence chiefs about that, i think really reveals the degree to which this has
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Reporter we do know that something that President Trump had been considering, what were being told by Senior Administration officials the Deputy Attorney general was confirmed two weeks ago, he had time to look over james comeys turn your, and we have seen the letters which are essentially an indictment of the handling of Hillary Clintons emails. They said they no longer had faith in comeys ability to lead the department, they took this recommendation and he drafted this letter. But theres questions about the timing of this, why this is all happening now, its information that President Trump has celebrated in the past, but its serge not new information. The letter that the president sent to former fbi director comby. Can you explain what it cede said . Reporter i want to read you the portion that i think is
particularly confusing in President Trumps letter to comey, in this hes dismissing him. He said that while i greatly appreciate you informing me on three separate occasions that i a