Around 80 around 2020 and we do not think that the 50 for many, many years is a likely scenario. Citron turns its sighting pushes shares into the red as the short seller says its a far worse offender than valeant in the drug maker scandal. Why would you buy a pc anymore . Thats the message from tim cook as the apple ceo says the watch could set a new sales record this quarter. Were coming off the worst sell off in six weeks time. In fact, the s p 500 is down for a fourth straight day. Lets check in on the implied open at this point and were below fair value. So looks like the s p is going to open lower by 5. 25 points. The Dow Jones Industrials pricing at losses of 35 points and the nasdaq. Looks like were pricing in a lower start of 11 points. Heres a look at what happened yesterday and that helped push the dow back into negative territory for this year, 2015. Were flirting with that positivenegative line but looks like thats the worst for all three benchmarks in six weeks. So pushing
Expanding in spain and italy in june. Nicolas sarkozy denies all wrongdoing as he takes to national tv to defend himself against allegations of corruption. And setting the record straight, volkswagen denies reports it will launch a takeover pick for paccar. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Well, a warm welcome again to thursdays Worldwide Exchange. You can see the heat map behind me. A bit of a difference to what weve seen for the last few mornings. A bid to the upside taking the stoxx europe 600 up around 0. 25 this morning. We had a relatively unchanged u. S. Market. They did manage to make new record highs for the dow and the s p yesterday. Adp coming in stronger than expected, the second highest since the beginning of 2011. It is a bit of a catch if you look at the payrolls on average. Gains across the board, as i was mentioning there. 0. 4 for the likes of the french and the german markets. The ftse mib now up around 0.
And for reasons that i have mentioned, they have potentially exposed themselves and it would make it more difficult for the russians to simply sit on the sidelines and watch us get bogged down alone. They own part of the responsibility for the brooks in the middle east for the problems in the middle east. And much the same applies to china. And i would think that the russians would see this as in their own national interests. Well, one would have to assume thats the case because they have a national interest. A second question partially a statement, or partially a question. I was delighted to hear you general scowcroft, talk about the threat of cyber. I sort of feel like were england before world war ii ignoring a threat thats right this front of us. In front of us. We had the sony what if sony instead of a Movie Production Company had been the New York Stock Exchange or the gas pipeline . I have never seen an issue where weve had more warnings and were doing less. I hope you would con
Most of them are not. And the harsh reality is to get them to move, actually to take isis on they will have to be convinced that there is reckoning for a longterm political inclusion in this new government. It is a major issue for us. The province will be largely sunni tribes with some iraqi army assisting to retake that river valley. Peshmerga will not participate. Sunni tribes will also be needed to participate in a counteroffensive to retake mosul. While they will not be the main force, theyll need to be a supporting force because of the tribes that are up in that region. So yes, its key, and i think weve known that from the outset. So in effect, the politics will drive the military operations. Without effective political reconciliation or signals from baghdad, our military efforts, as strenuous as we may mount are not wont be particularly successful. Yeah, i just it would be hard to visualize a scenario with a successful counteroffensive to retake the territory thats been lost with
Al qaeda in the Arabian Peninsula uses the horrible security situation in ye united eights and ourmen. A country the president cited as a counterterrorism success story, to carry out attacks throughout the world. In the asian pacific, china is using historic Economic Growth to build middle military power. It is bullying its neighbors and testing internationalin laws that are essential to the United States. Our Partners International security and prosperity in that region. While each of these threats and challenges are unique, there is a consistent and concerning cap gap between security and the strategies visit ministration is pursuing. With defense sequestration set to return next year and threats growing, there is an increasing gap between military capabilities and the capabilities we will need to address these threats. The key question for this panel and for all of us remains, what is the best path forward to address these National Security challenges . Few in our country have as mu