Beethoven is for. Beethoven is for. Beethoven 202250th anniversary here on new. U. S. President says trade talks with china are on ice just the latest reason why tensions between both sides are rising another huawei well talk to an expert about how europe is increasingly called the middle. Also on the show the krona virus has disrupted Food Supply Chains in china now beijing is telling its citizens to clean their plates and avoid food waste. And will visit greece for a look at how europes Summer Travel season has fared in the year of the pandemic but 1st. You know why i do what. I do want to deal with what they did. I dont want to go right ok. And that of course is u. S. President donald trump responding to a question on trade talks with china and this is your Business Report im Stephen Beardsley in berlin donald trump on tuesday casting doubt on the fate of a trade deal with china the president saying in the same briefing that he had canceled the talks and just the day before his top
I dont want to deal with money. That was u. S. President donald trump responding to a question on trade talks with china and this is your Business Report im so you can be in berlin its good to have you with Us Donald Trump once again casting down his trade deal with china saying tuesday he chose to cancel last saturdays planned meeting between both sides an advisor had said that the phase one trade deal struck in january was on track but beijing is falling behind on its purchases of u. S. Goods outlined in that plan and tensions are growing elsewhere washington is singled out chinese firms doing business in the u. S. In recent weeks including ticktock owner bite dance and we chat for fun and for more on this im joined by my colleague Chelsea Delaney chelsea good to have you with us chelsea are there signs that the trade agreement is falling through and what would that mean. Well as with anything relating to the u. S. Administration theres a certain amount of rhetoric and theres a lot o
Dow plunging and s p plummeting 2. 78 . And the nasdaq nosediving 4. 11 . Its tempting to try to learn something from the big bone crushers of the past so we can apply those bone crushers to the future two are alike but there can be similarities take the. C do. Com bust. The endless run from 1998 to march of 2000 followed by a rapid meltdown, what is happening here now, now that the nasdaq is 10 from size, im hearing about the buzz all day okay, the beat of 1998, the nasdaq stood at 1,585. 1,585. It roared to 5,100 by march of 2000 and plummeted to 3,155 by may. Fast forward to 19 year ago and a round trip to 1 ,585 it is your Worst Nightmare of course, there are horrendous sell offs. The 87 crash averages cut in half in a few hours time the financial crisis, dallas laid the waste from 14,000 to 6500 and the covid crash dow from 295 to 68 to above 18,000 march lows. Nasdaq sank. But its that rebound from the march lows thats drawing comparison to the. Com era the nasdaq surged 82 from
Hearing will come to order. I welcome everybody to this hybrid hearing. Both Ranking Member mister heiss and myself have wanted to have hearings resume in person. Especially when we are in session i made a promise to mister heiss that i would fight for that and today is the fruit of that effort i believe when we were in session, to the extent possible, protecting everybodys health and safety, we can and should be meeting like this. At least in hybrid form those members who are not comfortable or who physically cannot join us in the hearing room are more than welcome to join us through the web. We are happy to have them. We ask everybody, when they are not speaking, to wear a mask that is the guidance and the capitol hill position. That is the guidance of the chairwoman of this committee. It protects everybody i really appreciate that cooperation. Let me see. For members appearing remotely, just a few reminders before i get my Opening Statement. House rules require that we see you so pl
Washington. Why quincy, washington . Guest my coauthor and i chose quincy, washington because its one of the data center capitals of the world, if you will. Its near the Columbia River and data centers are being built there because its close to hydroelectric power in both cheap and clean. We take the reader on a tour of if you will, of what is becoming the infrastructure of the 21st century and these mammoth buildings more than 20 of them filled with Electrical Generators and hundreds or thousands of batteries but of course, mostly Server Computers and everything we do in almost every day is accessing or storing our data in the cloud and it means one of those data centers. Host you have 100 of these in 20 countries, is that correct . Guest more than 20 countries, more than a hundred data centers and microsoft is one of the largest but Companies Like google and amazon, facebook and apple were all building more and more of these data centers and it is where we are storing our data and th