Miss the deadline for a permanent protection visa flight those are the headlines on aljazeera count and the cost is coming up next the. News has never been more available but the message is simplistic and misinformation is rife the listening post provides a critical counterpoint challenging Mainstream Media narrative at this time on aljazeera. Hello im sorry this is counting the cost on aljazeera your weekly look at the world of business and economics this week the problem with an exclusive ski resort the rich and powerful to discuss making the world a better place for who. Also this week African Skies moves or afoot to open up a try. All across the continent when they prove a game changer for the regions economy. Class slavery at sea the link between supermarket shrimp and forced labor in one of the Worlds Largest seen food exports. A tiny town in the swiss mountains has hosted the World Economic forum every january for the past forty six years the rich powerful and famous mingle over
Administrations tax cut dreams a reality. Lets get straight to ylan mui in d. C. With the latest. Reporter melissa, two big hurdles for tax reform are now out of the way the house passed its budget for 2018 just about an hour ago the Senate Passed its version out of committee. This is important, because once they reach a final agreement on the budget, republicans will unlock the special rules that allow them to get tax reform done without any help from democrats. House Speaker Paul Ryan trying to keep that momentum going this afternoon with a visit to a maryland factory he said tax reform is critical to helping american businesses build more, grow more, and do more get the rates down so were on par with the rest of the world. And encourage businesses to invest in their businesses in america. Reporter ryan was referring there to the move toward full expensing in a tax framework agreed to by the white house and republican leadership. That measure is highly controversial and very expensiv
10ye 1 10year yield highest since july the gop does move closer to tax reform what does that mean for investors . Ge is down sharply after a wider than expected Third Quarter miss slashing the full year guidance, revenue did meet estimates in the release John Flannery said this was a very challenging quarter. While a majority of our businesses had Solid Earnings performance this was offset by the decline in power performance in a difficult market. Stay tune for david aegs exclusive with flannery. Talking with squawk about this what are your thoughts is this below 22 yeah, i actually confronted jim immelt with many of these particular issues in my last interview with him and he was very much in denial these things would occur. I point that out because today is flannerys day. This is not a report card on flannery it is a statement that says heres all the things weve done wrong. I think they did very ill advised accounting in turbines and the key phrase here is that ge capital might have
Charles flake who faced a stiff primary challenge was one of the senates most prominent critics of President Trump readers on the emerging as a battleground state in this news expected to row republicans and keep them at 52 seat Senate Majority at midterm elections and of course this comes on the heels of bob corkers retirement announcement and a Luther Strange loss. Here with me to discuss political contributor tammy bruce independent former special assistant to president george w. Bush and current christies in a low c. Chairman along Washington Examiner white house correspondent. We will start with you. I thought about you because i spoke to Condoleezza Rice at an event to raise money for jeff flake and i would have guessed that this is the establishment ring of the Republican Party that seems to be being forced out. What do you make of that . I think theres a lot of truth to that. If you look at the race in alabama dean heller is senator from nevada could also be in trouble. They ar
Money from the International Islamic bonds specifically. South africas controversial president survives attempt to drive him out of office but remains under pressure. The majority of the African National conference wants zoom out. The growing tensions in the gulf with saudi arabia continuing to attack qatar over its ties to iran. Bloombergs executive editor covered this escalating row. It came out of the blue a little bit. You may remember the three countries have withdrawn from qatar over some of this conflict over support of the broad support of the Muslim Brotherhood in egypt. Exploding is suddenly on the scene again after the ciampa visit, after this show of unity of american support for the saudi line on iran. Front, theyunited really want americans support. Now they have trump support on it. And they see qatar as not being in line with iran. This is all over some statements that would appear. That is being removed. How reliable is what they are saying right now . Thing, is the su