35 Burst results for "Sixty Billion Dollars"

Bipartisan group of lawmakers announces $908 billion stimulus plan, aiming to break logjam

TIME's Top Stories

05:37 min | 9 hrs ago

Bipartisan group of lawmakers announces $908 billion stimulus plan, aiming to break logjam

"Headlines coming out of capitol hill. This week might have you think. Another round of much-needed coronavirus relief is just a few details away. After months of stalemate since the last relief significant bill was passed back in march. It looks like there is finally some momentum peel back the veneer just a little however and the reality reveals itself to be far more complicated. Let's go through the three options that have captured the imagination of lawmakers and advocates alike. Even more may eventually be thrown onto the negotiating table and elements of each of these may bleed into the others but let's not make this too messy at least not at first one. A bi partisan group of senators on tuesday unveiled a nine hundred and eight billion dollars proposal that looked to split the difference between house. Democrats two point four trillion dollar offer and senate republicans six hundred and fifty billion dollar offer. Part of the total cost would come from some of the five hundred billion dollars in unspent money from the last round of relief so the price tag is a little misleading. It's a stopgap measure that has growing support from rank and file lawmakers who are finding it more and more difficult to justify inaction in pursuit of the perfect. This proposal would stretch through the first fiscal quarter of calendar year. Twenty twenty one or until the end of march and cobble together one hundred and sixty billion dollars to fund a state and local governments that are running on fumes as tax revenue has dried up with the economic downturn. The measure also has more than three hundred billion dollars in loans and grants for small businesses. Twenty five billion dollars in relief for renters an extra three hundred dollars per week for unemployed americans it does not however include an extra twelve hundred dollar stimulus payment. That house speaker. Nancy pelosi and president. Donald trump both backed treasury secretary. Steven mnuchin said. He was reviewing the bipartisan proposal. The white house called it a nonstarter saying it. Plan to work with senate majority leader mitch. Mcconnell and house minority leader kevin mccarthy on targeted covid relief plan to pelosi and senate minority leader. Chuck schumer have their own democrats only outlined for a new offer. They haven't released details but it was sent over to mcconnell in a private letter on monday. The draft was meant to restart negotiations which have been on hold for weeks in most unhelpful. Move mcconnell announced the offers existence and further frustrated democrats who say republicans aren't negotiating in good faith. Democrats have insisted cash be included for state and local governments a major point of dispute for many republicans. Who say it's not washington's problem to fix local budgets. No total cost was attached. Three mcconnell circulated to republicans a new version of the gop plan that would presumably meet with white house approval notably it to did not include a cost meaning to was meant as a negotiating document. The latest incarnation includes small business. Cash a one month extension of base-level unemployment benefits that are set to end at the end of this month. For twelve million americans and legal protections against lawsuits for businesses that are open during the pandemic it notably lacks money for state and local governments. The latest also a plus up unemployment benefits that had been demanded by the white house in earlier drafts in short. Each of these is negotiating. Starting point not a workable idea even lawmakers were at the table for the creation of these ideas acknowledged. they're nowhere near final version. And when you're talking about deals that have perhaps twelve zeros at the end. There's a lot of wrangling left to be done. Meanwhile at least some officials are starting to talk again pelosi. Mnuchin had their first call since election day this week. The pair were the principal negotiators on a follow up deals through the summer until trump abruptly called off negotiations via tweet in october. He later demanded they return. But pelosi wasn't keen to once again. Be set up for failure by amir curiel president in the finals ros of campaign and decided to hold out for the election results. It turns out. Her hand is now weaker as house. Democrats lost seats. President elect joe biden has been in full contact with pelosi and schumer speaking to reporters in delaware on tuesday biden. Said he wants congress to act now. As a first step toward efforts he'd pick up when he takes office on january twentieth but he mcconnell have yet to speak since election day he added for his part. Mcconnell has yet to explicitly say biden is one although he has in roundabout ways suggested he understands who will be in the white house. Come january twenty first. that suggests talks aren't really as far along as some would hope as if this weren't tough enough the. Us government faces a do-or-die moment at the end of next week. The united states is set to run out of cash as the clock ticks past midnight on december eleventh and into december twelve that hard deadline ads and urgency to congress to do something. There is zero political appetite to shut down government in the middle of a pandemic heading into the end of year holiday season. Some lawmakers have talked about attaching corona virus. Relief package to the must pass spending bill in may be a way to get some forward movement but it also gives mcconnell added leverage to limit the size of the tacked on bill. Mcconnell controls the senate floor with an iron grip and ultimately has veto power over the entire agenda in the upper chamber if he says a limited pandemic relief measure is going on the omnibus. it's omnibus arrest for all practical purposes. So we're left with a string of calculations will progressives such a scaled back relief package until they can badger biden in the new year can conservatives stomach any of the red ink and if it does pass will trump sign perhaps the last significant piece of legislation of his one term presidency. The answer to each of those is at best a shruggy emoji without government funding forcing a vote. There's no guarantee mcconnell would bring another round of biden backed relief to the floor. In the new year conservatives will not be eager to give biden early win especially if it carries cash for struggling states and cities and trump seemingly has yet to accept. The movers are showing up at his door next month. It's the perfect cliffhanger for our president who spent so long as a reality show producer hence while the optimism coming off capitol hill. That a solution is in sight is perhaps misdirected.

Mcconnell Pelosi Senate Steven Mnuchin White House Kevin Mccarthy Cobble Mnuchin Chuck Schumer
‘It’s a New Day’: Sudan Exults to Be Taken Off List of Terror States

TIME's Top Stories

02:58 min | Last month

‘It’s a New Day’: Sudan Exults to Be Taken Off List of Terror States

"USA DOT ORG. President trump says Sudan to be removed from the US list of state sponsors of terrorism by Sami mackney. Cairo. President Donald Trump on Monday said Sudan will be removed from the US list of state sponsors of terrorism if it follows through on its pledge to pay three, hundred, thirty, five, million dollars to American terror victims and their families but some hurt in the attacks weren't happy with the deal. The move would open the door for the African country to get international loans and aid needed to revive its battered economy and rescued the country's transition to democracy the announcement just two weeks ahead of the US presidential election also comes as the trump administration works to get other Arab countries such as Sudan to join the United Arab, Emirates and Bahrain's recent recognition of Israel. Delisting Sudan from the state sponsors. Blacklist is a key incentive for the Sudanese government to normalize relations with Israel. Trump's announcement came after Treasury Secretary Steven mnuchin traveled to Bahrain to cement the Gulf states recognition of the Jewish state. Trump tweeted great news new government of Sudan, which is making great progress agreed to pay three, hundred, thirty, five, million dollars to US terror victims and families once deposited, I will lift Sudan from the state sponsors of terrorism list at long last justice for the American people and big step for Sudan. Sudan has agreed to pay compensation for victims of the Nineteen Ninety, eight bombings of the US. Embassies in Kenya and Tanzania attacks conducted by of bin Laden's al-Qaeda network while bin Laden was living in Sudan. General Farrah Bihan head of Sudan's ruling Sovereign Council welcomed trump's announcement. As constructive step. He said in a tweet, the removal would come in recognition of the historic change has taken place in Sudan. Sudan, his own a fragile path to democracy after a popular uprising. Last year led to the military to overthrow autocratic leader Omar Al-Bashir in April nineteen. A military civilian government now runs the country with elections possible in late twenty, twenty two. In an address to the nation Prime Minister Abdullah Home Doc said getting off the list would help his government benefit from debt relief and access foreign loans and investments which are seen as the country's gateway to economic recovery. The country has more than sixty billion dollars in foreign debt he said. It's a long way. He said it needs serious planning and hard work to achieve the maximum benefit of this opportunity. Once, the compensation money has been deposited. Trump is designed an order removing Sudan from the terrorism list on which has languished under heavy American sanctions for twenty seven years. Is Than. Expected to act to restore Sudan's sovereign immunity which would effectively stop future compensation claims from being

Sudan President Donald Trump United States Prime Minister Abdullah Home D Bahrain Israel Bin Laden Sudanese Government Cairo President Trump Nineteen Ninety Sami Mackney Omar Al-Bashir United Arab Farrah Bihan Sovereign Council Kenya Al-Qaeda
Mirati to Rival Amgen in Solid Tumors

Breaking Biotech

08:10 min | 2 months ago

Mirati to Rival Amgen in Solid Tumors

"So to start I wanNA talk about exact sciences ticker symbol e x a s, and they are now trading at around twelve billion dollar market cap, and what they announced is liquid biopsy testing data in six different cancer types showing a sensitivity of eighty six percent and a specificity of ninety five percent, and they did kind of a grab bag of cancer types. We have lung ovarian, liver pancreatic, and Alpha Jill. And so I did video on exact sciences quite a while ago I thought their evaluation was a little bit toppy back then and was waiting for dipped to buy, and that's what I did during the Cova crisis I took a small position and then I sold just recently at around ninety four and I think is trading just over one hundred dollars right now but this. Is Nice to see them kind of moving into new areas because I think one of the things that they're struggling with is leaning on their old testing kit the colours guard while all these other companies are trying to get into things like liquid biopsy, which it's going to be a real game changer in the space. Once these treatments get validated and approved by the FDA. Now. They're not alone doing this exact sciences is kind of just finally getting into this because other big players like alumina through grail they just acquired this private company called grail officially officially. We've garden health personalisation of been floating around and invitations. Well, who just acquired archer DSL there's a lot of companies in the space, but exact scientists has shown some pretty good success in their previous testing kits. So it just makes sense them to jump into this new area and be a good competitor. So I think right now probably a little bit toppy with the price around one hundred but I'm pretty pleased with the small profit. I made given the number shares that I have. So that's exact sciences. Want to move now into regeneration ticker symbol. And they're trading at a sixty billion dollar market CAP. I did a video on them also a few months ago, looking at kind of their staples in terms of the different products that they offer and I concluded that they were relatively over-valued back. Then I think now also a little bit overvalued, but it does depend on how well their product. So and the kind of revenue they can bring in obviously but the news that we heard is that they released data on their antibody cocktail for covid nineteen. and. What we saw is that it reduced viral loads and symptoms versus placebo in non. Patients who are infected with SARS co to and what they shared our results from initial cohort of two hundred and seventy five patients, and they also have nine hundred or more patients enrolled. So this is kind of a preliminary analysis that they're showing US and they've called it a phase one, two, three trials. So they're doing the PK the safety along with the efficacy and other sorts of secondary outcomes all at once and when I look through their stuff, they started off by kind of categorizing patients based. On Sarah Negative or zero positive and I, think it's important that they do this because we're looking at a treatment for covid nineteen and if people are already sero-positive in their bodies, already mounted an antibody response in order to bring down viral loads. So what regeneration is trying to pose here is that the negative patients which means they have not mount that antibody response have significantly higher viral load and they make a better target for most treatments probably also their antibody cocktail that they're gonNA share data with. So. Then the data that they show here shows a range of efficacy based off of viral load. So we have tended the power of four copies, parallel all the way to tend to the seven copies personnel. So quite a big range in viral load here and I just blew this up on the screen. What we're seeing is that at the higher viral load, the treatment and there two different doses here in the green and the red line, we see that much more dramatic decrease in the amount of viral load in. These patients and it does kind of make sense because if your body's already mounted an antibody response, the window of efficacy is just going to be a bit smaller than if it's before the at which your body's manning response. So I think for these patients, it's definitely positive data. They also looked at other other metrics as well and I'm not going to get into everything but they did look at a day to alleviation of symptoms and they looked at the overall population of patients. It's the difference of nine with Placebo. To between six and eight, depending on the dose that they gave the antibody cocktail with the negative group alone, the placebo was thirteen days and then the low and high dose was six and eight respectively. So obviously a big difference when it comes to whether or not the patient is zero negative or positive. So that's probably going to inform the FDA when it comes to approving the drug or giving some kind of guidance on which patients should take the drug and who are likely to see more positive outcomes from that. So overall. I think it's good. It gets a step ahead of the Gilead data where I don't think we've even seen a placebo group yet. So it's nice to see regenerate actually do this placebo controlled trial. We can see whether or not there is efficacy and I, look forward to seeing the rest of the data I'm not if this merits taking a position regenerate here given that they're such a large company already and they have so many different assets that are I would say more likely to contribute to their bottom line. This doesn't entice me to take a position, but it's nice to see that we're getting all these therapies are starting to see vaccine data, and this just makes me feel better in general that we're going to move towards being able to treat this disease and hopefully get out from under this and then Kinda recover with the economy. With that, let's talk about the main story for today, and that is morality Therapeutics Ticker Symbol M rt ex, and they're trading at a price of one sixty, two point zero five per share giving them a market cap of seven point two, billion dollars. Their Q. Two, twenty, twenty, net loss was eighty, three, million dollars, and this represents an eighty percent increase year over year there their q two net current cash is six, hundred million dollars giving them a runway of about until twenty twenty two I would say but let's also be careful that if they see positive data. This year or next year is a good chance that they're going to raise again. And what Morad is trying to do is develop targeted cancer treatments and they're specifically looking at solid tumors and even more specific than that are K. Rasa inhibitors, and so they have to compounds Marta six, eight, four, nine, and x, one, three, three. They're also looking at checkpoint inhibitor resistance with their compound sicher Vance it, and I'll talk about that in a bit later. To start though we gotta talk about chaos and the reason why this is so important is that chaos mutations are present in a large population of cancer patients. The first thing it's important to note is that chaos is pretty ubiquitous. It's a critical part of the map kinase signaling pathway, and this is very important in basically every single cell. This pathways involved in Cell Proliferation Cell Survival had differentiation here. There's a whole bunch of other stuff and it makes a little bit confusing because it is involved in. So many different pathways that if you were just to inhibit this molecule non specifically, you're likely to see significant side effects with patients. It's for this reason that it's important that we can come up with a targeted therapy that will only target cells that have a mutation in chaos rather than the healthy normal. KS. To talk a little bit more about its function, it works as a GT as and what this means is that it takes a molecule GDP converts it to GDP using that phosphate group to continue the signaling pathway. The next step is Raff or something like that mutations in. A company twenty, one point, six percent of all human cancers, and then I have here that chaos the predominant or exclusive Rask's mutated in three of the top four neoplasms that account for cancer deaths in the US lung colon and pancreatic. Cancer.

FDA United States Cancer Alpha Jill Sarah Negative KS Raff Rask Manning Gilead Solid Tumors Morad Marta
ByteDance Says It Won. Trump Says Not So Fast. TikTok Continues For Now.

Techmeme Ride Home

05:04 min | 2 months ago

ByteDance Says It Won. Trump Says Not So Fast. TikTok Continues For Now.

"Okay, here's what I can tell you. You can still use tiktok as of this moment president trump since we last spoke said he approved Oracle's bid for the US. Operations of tiktok quote in concept, and so essentially the US delayed the planned tick tock band by about a week as Oracle Walmart looked to take a twenty percent stake in Tiktok globals planned pre IPO round as well as of course, the deals to host talks us user data and computer systems quoting Bloomberg I approve the deal and concept trump told reporters Saturday as he left the White House for a campaign rally in Fayetteville north. Carolina if they get. It done. That's great. If they don't, that's okay too and quote the new company which will be called tiktok global has agreed to funnel five billion dollars in new tax dollars to the US and set up a new education fund which trump said would satisfy his demand that the government receive a payment from the deal quote they're going to be setting up a very large fund. He said that's their contribution that I've been asking for an quote Oracle plans to take a twelve point, five percent stake in the new tiktok level. While Walmart said, it has tentatively agreed to by seven point, five percent of the entity. Walmart's. Officer Doug Macmillan will serve on tiktok global's board of directors. The retailer said in a statement for of the five board seats will be filled by Americans according to the statement tic TACs. Owner Bite dance is seeking evaluation of sixty billion dollars for the APP, according to a person familiar with the matter Oracle and Walmart would pay a combined twelve billion dollars for their stakes. If they agreed to that asking price, the final valuation has not been set as the party's worked out the equity structure and measures data security. The person said terms are still in flux and the proposed valuation could still change and quote. Yet more about that flex in a second but more about that five billion dollar payment to the government. The president mentioned I. Guess That's the key money by another name that he was asking for all along except that seems to have come as news to at least most of the parties involved Oracle later confirmed it to a degree but quoting Dan primack on twitter. More about tiktok quote Payments Number One the Education Fund is not to fun trump's patriotic history project number two, the five billion dollar figure is not codified anywhere and no one expects it to be anywhere near that big number three, the five billion dollars to the Treasury is anticipated payroll taxes over an unspecified period. Of Time, there will be an education focused effort using tick tock short video format distribution tool, but there is no dollar amount tied to it with trump seeming to inflate the payroll tax figure with the Education Fund remember Tick Tock doesn't have five billion dollars at least not until its IPO wants to complete within twelve months and quote. So. Again has this all been Kabuki theatre make the president think he's getting his key money. Give a politically connected firm, a sweetheart deal, and even if the five billion dollars is really not going to be five billion dollars again, we have the president of the government forcing the investment of private property, giving it to favourite entity and essentially asking for a kickback exactly. What happens in Banana Republics Super? Oh and about that whole thing being inflex bite dance. This morning was asserting that it is maintaining majority ownership and control over tick tock global and will not transfer any source code or technology to Oracle or Walmart so essentially waving a flag saying they won. Quoting the Financial Times bite that set on money that it would maintain majority ownership and control of tiktok global contradicting statements by Donald trump oracle, and Walmart after it agreed a deal with the companies to continue operating in the US Oracle, the US technology group, and Walmart, the world's biggest bricks and mortar retailer said in a joint statement at the weekend that Tiktok level would be majority owned by American investors and quote however while they're state combined with the equity held by. Long standing US investors by dance might mean, American investors would be the biggest financial beneficiaries, direct majority ownership and control of the business is set to remain with the Chinese company in a statement released on January tat chow by dances Chinese social media platform. The company said tiktok global would be a quote one, hundred percent fully owned subsidiary. The company added that after raising funds ahead of a potential initial public offering, it would have an eighty percent stake in the company and quote. So maybe that wasn't a good thing to go spouting off about because this either means now the deal is really off. Because the Chinese side really doesn't want it or else the deal is off because the president isn't going to be pleased about that more in just one second or else everyone is just GonNa declare victory and. Meaningful has actually changed my money's on that but hard to tell at this point because to conclude. About thirty minutes ago. President trump. said, he would not approve a tick tock deal bite dance ceded control, and well I don't know.

Oracle Walmart Walmart President Trump Tiktok Global United States Donald Trump Carolina Education Fund White House Bloomberg Fayetteville North Treasury Tiktok Twitter Doug Macmillan Officer Dan Primack
What happened to the Postal Service?

Marketplace with Kai Ryssdal

02:27 min | 3 months ago

What happened to the Postal Service?

"If you had the United States postal service as a partisan political proxy on your Twenty Twenty Election Bingo card. You. Win. I guess the politics of it we will assume you're mostly familiar with speaker. Nancy Pelosi is calling the house back into session legislation likely postmaster general and CEO Louis Joy has said he will testify. But as all of that plays out a detour here if we might to the postal services business model reality yes. The digital age has brought its challenges to the USPS but as Congress tries to figure out how to repair the damage. Might do well to look in the mirror for a little bit. Here's marketplace's Nancy Marshall Genzer. The Postal Service is supposed to be self funded not getting any government money, but the post office is still tightly regulated by Congress and in two thousand and six Congress passed a law requiring the postal service to prepay health benefits for retirees. Jim Campbell is a lawyer and consultant on the Postal Service resorted the postal service to pay for ten years about five and. A half billion dollars a year into this prepayment fund that thinking was paid forward. Make sure the money is there when retirees need it. But Campbell, says federal agencies don't have to make these prepayments and the post office couldn't do it. Campbell says it missed more than half of the payments to make matters worse congress capped postal office price increases for letters circulars at the rate of inflation. So the postal services kind of caught in this squeeze. Cornell University public. Policy Professor, Getty's says Congress, also still requires the post office to deliver to every mailbox in the country six days a week. So this is a recipe for fiscal problems serious fiscal problems and serious debt frank disco has been tracking that he's chief actuary at the US Government Accountability Office. He says the postal services more than one hundred, sixty, billion dollars in debt over the past decade, the dead and unfunded liabilities like pensions and healthcare have outpaced the revenues the. Postal Service takes in. So it's doubled from a little more than one times annual revenue to over double annual revenue to disco says the Postal Service has been losing money for a decade, not a sustainable business model, but the post office can't change that model without Congressional

Postal Service Congress Jim Campbell Twenty Twenty Us Government Accountability O Nancy Pelosi Nancy Marshall Genzer United States Frank Disco Cornell University Chief Actuary Louis Joy CEO Getty Professor
Trump signs extension of COVID-relief fund for businesses

AP News Radio

00:42 sec | 5 months ago

Trump signs extension of COVID-relief fund for businesses

"President trump has signed into law a temporary extension of a subsidy program for small businesses battered by the corona virus lawmakers created the program in March providing direct federal subsidies to businesses for payroll and other costs such as rent they've since modified it twice once to add more money and more recently to provide more flexibility on how the funding can be used that move created some grumbling among GOP conservatives of the six hundred and sixty billion dollars approved about one hundred and thirty remains eligible the demand for the paycheck protection program has pretty much dried up in recent weeks the legislation extends the deadline for applying for the program August eighth Ben Thomas Washington

Donald Trump Ben Thomas Washington President Trump GOP
Trump signs extension of COVID-relief fund for businesses

AP News Radio

00:42 sec | 5 months ago

Trump signs extension of COVID-relief fund for businesses

"President trump has signed into law a temporary extension of a subsidy program for small businesses battered by the corona virus lawmakers created the program in March providing direct federal subsidies to businesses for payroll and other costs such as rent they've since modified it twice once to add more money and more recently to provide more flexibility on how the funding can be used that move created some grumbling among GOP conservatives of the six hundred and sixty billion dollars approved about one hundred and thirty remains eligible the demand for the paycheck protection program has pretty much dried up in recent weeks the legislation extends the deadline for applying for the program August eighth Ben Thomas Washington

Donald Trump Ben Thomas Washington President Trump GOP
India's prime minister announces huge virus relief package

Bloomberg Daybreak: Asia

00:11 sec | 7 months ago

India's prime minister announces huge virus relief package

"India's prime minister Narendra Modi's has announced a two hundred sixty billion dollar corona virus package pretty scant details so far on what it entails India has also re open parts of its huge

India Narendra Modi Prime Minister
"sixty billion dollars" Discussed on KLBJ 590AM

KLBJ 590AM

01:30 min | 7 months ago

"sixty billion dollars" Discussed on KLBJ 590AM

"Sixty billion dollars more for disaster relief loan Sox's Jerry helper at the capitol house speaker Nancy Pelosi says more money for testing puts us closer to getting back to normal key to opening up our economy the key opening that door the threshold we must cost is a scientific one and a new study suggests the number of New York state residents infected by the virus may actually be ten times greater than the number of infections confirmed by testing and that as many as one million new York city residents may have the virus most without getting seriously ill more encouraging numbers from Dr Debra birch of the corona virus task force if you look at Monday's over Monday's if you look at seven day reporting we are starting to go downloading optimism from vice president pence people continue to properly exercise social distancing as as recommended in each phase that in combination with some of these findings could well give us a summer respite from the coronavirus Georgia's governor Brian camp going ahead with plans today to allow some nonessential businesses to re open barber shops beauty shops tattoo parlors among them with dine in restaurants open by Monday but Michigan's governor Gretchen Whitmer is expected today to extend her stay at home orders until may fifteenth state lawmakers consider revoking some of her powers Asian stocks closing Friday lower Dow futures are trading about sixty points lower crude oil.

Sox Nancy Pelosi Dr Debra birch Georgia Brian camp Michigan Gretchen Whitmer capitol house New York York city vice president
Senate approves virus relief package, House to vote tomorrow

AP News Radio

00:49 sec | 8 months ago

Senate approves virus relief package, House to vote tomorrow

"Under intense pressure the Senate has passed another giant coronavirus relief package at nearly a half trillion dollars it's the second biggest of the four eight bills passed so far it would give more than three hundred billion dollars to get the small business payroll fund back in business after it ran out of money last week it also has more money for hospitals and testing the house is now said to call members back here to Washington for a vote tomorrow I urge the house to pass the bill to deal between trump administration negotiators in Congress sets aside roughly sixty billion dollars for smaller banks and community lenders amid criticism much of the first round of money aimed at main street shops instead went to bigger businesses with ties to big banks Sager mag ani Washington

Senate Washington Congress Ani Washington
Senate approves virus relief package, House to vote tomorrow

AP News Radio

00:49 sec | 8 months ago

Senate approves virus relief package, House to vote tomorrow

"Under intense pressure the Senate has passed another giant coronavirus relief package at nearly a half trillion dollars it's the second biggest of the four eight bills passed so far it would give more than three hundred billion dollars to get the small business payroll fund back in business after it ran out of money last week it also has more money for hospitals and testing the house is now said to call members back here to Washington for a vote tomorrow I urge the house to pass the bill to deal between trump administration negotiators in Congress sets aside roughly sixty billion dollars for smaller banks and community lenders amid criticism much of the first round of money aimed at main street shops instead went to bigger businesses with ties to big banks Sager mag ani Washington

Senate Washington Congress Ani Washington
Senate approves virus relief package, House to vote tomorrow

AP News Radio

00:49 sec | 8 months ago

Senate approves virus relief package, House to vote tomorrow

"Under intense pressure the Senate has passed another giant coronavirus relief package at nearly a half trillion dollars it's the second biggest of the four eight bills passed so far it would give more than three hundred billion dollars to get the small business payroll fund back in business after it ran out of money last week it also has more money for hospitals and testing the house is now said to call members back here to Washington for a vote tomorrow I urge the house to pass the bill to deal between trump administration negotiators in Congress sets aside roughly sixty billion dollars for smaller banks and community lenders amid criticism much of the first round of money aimed at main street shops instead went to bigger businesses with ties to big banks Sager mag ani Washington

Senate Washington Congress Ani Washington
Senate approves virus relief package, House to vote tomorrow

AP News Radio

00:43 sec | 8 months ago

Senate approves virus relief package, House to vote tomorrow

"At nearly a half trillion dollars it's the second biggest of the four eight bills passed so far it would give more than three hundred billion dollars to get the small business payroll fund back in business after it ran out of money last week it also has more money for hospitals and testing the house is now said to call members back here to Washington for a vote tomorrow I urge the house to pass the bill to deal between trump administration negotiators in Congress sets aside roughly sixty billion dollars for smaller banks and community lenders amid criticism much of the first round of money aimed at main street shops instead went to bigger businesses with ties to big banks Sager mag ani Washington

Washington Congress Ani Washington
Tokyo Olympics postponed until 2021 due to coronavirus

BTV Simulcast

02:12 min | 9 months ago

Tokyo Olympics postponed until 2021 due to coronavirus

"The Olympics has finally been postponed the IOC and Tokyo organizers have agreed to delay the games for a year although they insist it is not a cancellation also the coronavirus sees India heading into a locked down for the next three weeks let's have the very latest now from our chief north Asia correspondent even angle and see the start with the Olympics they seem to be a no choice decision I guess for the IOC in Japan growing momentum and calls from around the world that the games they just would not be appropriate I just four months down the road from now from yesterday would be four months ago and to this July twenty fourth opening ceremonies it just wouldn't be right given the death toll given the escalating number of cases around the world there are more than fifty four thousand cases now in the United States and by most epidemiologists estimates they have not reached a peak yet we all know the situation in Italy of course in other areas of Europe and then the emerging areas of of the the Asia which I'm to talk about in just a second India weather's Thailand Singapore they're escalating number of new cases every single day so to hold the games at this time or to even have any semblance of normalcy that it's going to go ahead in four months was just not appropriate and that they're going to keep it as the Tokyo twenty twenty game in name but it'll be delayed by at least a year most likely next summer the economic impact that's the big question Goldman Sachs earlier this month said if it was canceled it could have direct and indirect consequences upwards of sixty billion dollars this is a sunk cost for the Tokyo municipal government as well as the IOC twenty six billion dollars spent by the local municipality to build out all the facilities but to delay it by a year Goldman now saying the economic impact could be about six billion dollars I think it's still a little bit too early but it's also going to take a hit on some of those Olympic sponsorship deals in a Toyota for one has spent one point eight billion dollars for a ten year agreement to sponsor the Olympics and I guess somewhat prophetically their slogan their tagline for the games was start your impossible well it's gonna be a year later to start that impossible

Olympics India IOC Japan United States Italy Europe Asia Thailand Singapore Goldman Sachs Goldman Toyota Tokyo Chief North Asia Tokyo Twenty
Nikki Haley resigns from Boeing board in protest of bailout request

Morning News with Manda Factor and Gregg Hersholt

00:54 sec | 9 months ago

Nikki Haley resigns from Boeing board in protest of bailout request

"A rising star in national politics has abruptly resigned from Boeing's executive board Nikki Haley's departure is related to a proposed federal bailout as we hear from Cuomo's Corwin Haley is the former ambassador to the United Nations and former South Carolina governor she says she's against Boeing's request for a sixty billion dollar corona virus related bailout its request for the president says he supports and easily when the airlines are doing well Boeing so going to be doing well so we'll be helping Boeing in a letter to Boeing chief executive Dave Calhoun Haley writes quote when one cannot in good faith support the direction of the team the proper thing to do is resign she joined the Boeing board just last year political watchers note Haley is a potential contender for the twenty twenty four Republican presidential nomination they see the resignation as a move to distance herself from president trump's

Boeing Nikki Haley Cuomo United Nations President Trump Dave Calhoun Haley Donald Trump Executive South Carolina Chief Executive
Nikki Haley resigns from Boeing board over airlines bailout

AP News Radio

00:30 sec | 9 months ago

Nikki Haley resigns from Boeing board over airlines bailout

"Former U. N. ambassador Nikki Haley has resigned from the board of Boeing company over a possible bail out of the airline manufacturing giants because of the corona virus outbreak he we tendered her resignation in a letter to Boeing CEO Dave Calhoun and board chairman Larry Kellner dated March sixteenth this week Boeing said it was seeking sixty billion dollars in federal aid for itself and its supply chain as governor of South Carolina Haley opposed attempts by unions to represent workers at Boeing's north Charleston plant hi Mike Rossio

Nikki Haley Dave Calhoun Larry Kellner Boeing Mike Rossio U. N. CEO Chairman South Carolina
Dow loses almost all that it gained during Trump's presidency

10 10 WINS 24 Hour News

00:23 sec | 9 months ago

Dow loses almost all that it gained during Trump's presidency

"Today the Dow wiped out all the gains it had made during the trump presidency but ended just above that level still falling thirteen hundred thirty eight aspect down three forty five as a P. down one thirty one stock Boeing is falling more than seventy percent from its highest price of this young year they lost another eighteen percent its its request for a sixty billion dollar bailout alarm to the market and raise questions about whether it can

Boeing
US stimulus check - What we know (and don't)

Squawk Pod

04:03 min | 9 months ago

US stimulus check - What we know (and don't)

"I up on today's pod the US government's plan for economic stimulus. The Federal Reserve has announced measures. That it's taking. We've discussed that here on. Squawk POD now the US Treasury Secretary Steven mnuchin has pitched a one trillion dollar package to Senate Republicans now. This plan includes sending Americans checks to help. Households and businesses stay afloat. The trump administration has backed but other Republicans are split. Here's Andrew ultimately what's going to happen is you're already seeing the Elizabeth warrens and others say we're going to give money. We need to clamp down in executive compensation we have these stipulations these stipulations. Frankly what needs to happen and I think from chronically and the two thousand eight crisis and every other crisis is you just need massive stimulus. You actually don't want strings attached because you want as many people that take the stimulus as humanly possible. Which is antithetical. Yes you're right politically where where you typically base to happen Andrew. You want this to happen as quickly as possible. But you probably want it to be more targeted you start thinking about how to handle that much money away and you know look at it needs to go to the people who have lost their jobs who have been put out of work from the small business owners who are in that position of already having laid them off. I. I saw a letter this morning from a guy. I'm hoping we're going to have on the show tomorrow He's a restaurant tour. He's based in Ohio but he's got restaurants I think in. What is it thirty? Seven restaurants fourteen states on Monday. He laid off four thousand employees. He's saying that it would basically take at least two weeks of revenue to get all those places back up and running because he has to bring and managers and staff ahead of time to get restaurants clean to get everything back up and running. I mean I don't need money you don't need money right now. Joe Doesn't need money right now. I'd like to see that money. Go to the people who need it. I talked to an accountant yesterday in New Jersey. Who says that? He's got about twenty clients that just this week have had to lay off fifty percent or more of their staff. He was talking about cancellations of business. That's been booked out of the next two months and no new business coming in. These are people like caterers. Limo service providers moving companies tree service providers. He said they're all dead in the water. And that's where the immediate incredible shock has come across this country and that's where the money needs to and we're definitely having different hats shifting around I saw. Afc yesterday yesterday said something. About wait. A second Boeing had thirty billion in buybacks over the last hour many years. Now we're talking about sixty billion dollar bailout for the industry and I found myself going. I mean that's I mean definitely. There's some some book political. Nobody was savings as being. I agree with that. I almost agree with that here. You blow all this money up at three and four hundred dollars a share joe suggest that ultimately whatever it is and I'm just going to suggest that whatever whatever stimulus program we're going to have is ultimately going to privatize the gains and socialized the losses. That's what happens in a crisis but when the crisis is over there needs to be a real discussion about financial responsibility in this country which we don't have in the best of times to actually have insurance policies in money on hand when these things happen. And that's that's the probably one hundred thousand people because she used to the crisis to change. The policy in the moment is too painful. The problem is that nobody is willing to use not to use the good times to change the policy. And we've had that to be no what's wrong with you. I agree with you. I agree with you but I think that we gotta look at all this. Espn stakeholder stuff that we went through and realize holy cow. We need prophets to do all these great things do. We need profits to share with our stakeholders. And if you if you blow all this money on some CEO's PET PROJECTS VIRTUE SIGNALING. And then you come to a time like this you realize wow shareholders really do need to have prophets share with took satisfy any other stakeholders you need to be profitable and not planning trees and Africa

JOE United States Andrew Federal Reserve Senate Steven Mnuchin Africa Elizabeth Warrens Espn Executive Boeing CEO New Jersey Ohio Accountant AFC
Coronavirus: Consequences for Tourism Industry

KYW 24 Hour News

00:55 sec | 9 months ago

Coronavirus: Consequences for Tourism Industry

"Says coronavirus fears are causing some to postpone their spring travel plans but a bigger tourism impact could come a few months from now this is usually about the time that American travelers of starting thinking about their summer vacation he says people outright canceling travel plans could impact the global economy economist intelligence unit's forecasting said that the global in tourism industry will suffer a loss of around sixty billion dollars in twenty twenty this is based on one scenario but if it lasts longer than a comic a loss could be much worse for those who plan to stay the course he says it's important to be a responsible traveller would be wise for us to follow closely what is the state department's travel advisory we need to be observing closely once it's happening in the destination countries and he adds those who travel this year may begin researching aspects of the country they may not have considered before example whether it's a destination I have a very good medical infrastructure medical

Coronavirus
"sixty billion dollars" Discussed on KNSS

KNSS

02:09 min | 1 year ago

"sixty billion dollars" Discussed on KNSS

"One hundred sixty billion dollars worth of Chinese imports due to take effect on Sunday that would raise prices on keep odd ups including cell phones and laptops and threat to affect consumers a blast of much colder air is arrived across south central Kansas and that's going to stay with us for a while is wins gradually diminish this afternoon our temperature in the mid to upper thirties clear in twenty one tonight tomorrow sunny and forty six and your fifty and dry weather on Wednesday im Kay an SS media Baltistan holiday right now the northerly wind gusting to thirty one miles an hour it's partly cloudy and thirty five degrees ninety eight seven and thirteen thirty K. NSS news I'm Steve Boyer this is Wichita's number one talk ninety seven and thirteen thirty AM as it isn't do you it's about a system of checks and balances going to have any more questions about the possible that you are going to vote on articles of impeachment this coming week it's possible I don't know the Clinton impeachment there was I did not have sex with that woman would be known about this one is probably where's the impeachable offense why are we here I'll tell you this maybe they'll become known as the focus group impeachment only three hundred and thirty days last controlled more information on and more solutions for America for you to go into the details of the conversations I had with.

Kansas Kay Steve Boyer Wichita America Clinton One hundred sixty billion doll thirty five degrees thirteen thirty K thirty days
"sixty billion dollars" Discussed on 600 WREC

600 WREC

03:20 min | 1 year ago

"sixty billion dollars" Discussed on 600 WREC

"Sixty billion dollars worth of Chinese goods next month fox news this is a box thirteen weather update this is the chief meteorologist Joe we sold pack showers continue overnight tonight and into your Friday with an overnight low of fifty four degrees and a daytime high of only fifty seven it will get colder beginning Friday afternoon as a cold front drives the rain through and lowers temperatures for Saturday find out which of your weekend days will be better than the other join good morning Memphis Saturday morning beginning at six AM it's more than politics whistleblower our nation significantly six hundred W. R. E. C. ninety two point one I heart radio is the easy to use app for music and radio download the free I heart radio at today to talk to George Noory call the wildcard line at eight one eight five zero one four one zero nine the first time caller line is eight one eight five zero one four seven two one to talk to free from east of the Rockies call eight hundred eight two five five zero three three from west of the Rockies toll free call eight hundred six one eight eight two five five to reach George via Skype use Skype named George nine seven three one three send Georgia text message anytime at eight one eight two nine eight six five two one from the gateway to the west this is coast to coast AM with George Noory the next hour it Haslam joins us author of Dr merry's monkey how the unsolved murder of a doctor as she could laboratory in New Orleans and cancer causing monkey viruses are linked to the Lee Harvey Oswald assassination and emerging global epidemics amazing part of that story that's so the next hour and of course we'll be back in a moment with Paul the bully author of conspiracy one a one as we talk more about the JFK assassination as well colonel date dot com forty six people shy and we hit eighty nine thousand members that's all I need tonight forty.

chief meteorologist Joe George Noory Rockies murder New Orleans Paul Memphis W. R. E. C. Georgia Haslam Dr merry Lee Harvey Oswald Sixty billion dollars fifty four degrees six hundred W
"sixty billion dollars" Discussed on WAFS Biz 1190

WAFS Biz 1190

04:01 min | 1 year ago

"sixty billion dollars" Discussed on WAFS Biz 1190

"Are. the reading is a long. we. this entry to go more with our kind of correspondent Tom mackenzie and aides T. research founder and CEO hunts could see you looking now at three hundred sixty billion dollars worth of Chinese imports into the U. S. that are now facing or now how these kind of some of the latest round was fifteen percent on a hundred and ten billion dollars worth of goods are not included things like text all that included things like shooters but also take products like the apple watch for example and then you looking December the fifteenth of another round of tariffs from the west side essentially covering of old Chinese imports into the US of an additional fifteen percent taking in come December the fifteenth and as you mentioned we got retaliation from China as well as they had for lactating things like soybeans and oil and beef as well and again they can hit another round all of US imports into the Chinese market come December the fifteenth so you're talking about a significant ratcheting up of pushing the button it'll be groups the business lobby groups in Washington say look you got to get back to tools you gotta put in place a tower truths because this is really starting to hate cool press but also US households as well JP Morgan says that you could be looking to hit US households about a thousand US dollars a year if you do see time some old Chinese imports into the US market. on the other aspect that I got to take into consideration is the fixing which was a little bit stronger again at balancing dot on the currency against the data and the data is beginning to look a little bit on easy on the PMR readings. yeah that's that's absolutely right so we got the official PMI out over the weekend and then the survey at around nine forty five local time today this divergence says so the official numbers your right to say you still fourth straight month the contraction for manufacturing PMI into the private survey which focuses more on the SMEs in the private sector you saw some surprise sprint fabric make economic sense don't get your hopes up he they expect further weakness in the months ahead because they say that the business sentiment and the Dimond domestically is that much weaker than it was towards the beginning of this year in terms of the bright spots usual non manufacturing PMI rebound in the month of August suggesting that maybe the services sector he was starting to accelerate but again most economists do you think the policy makers gonna have to step up their support whether that's more infrastructure spending or easing the cubs on the real estate market old again loading those low crime rates to show that the sheep a credit to the private sector that is where the focus is now because the slow down is pretty entrenched. yes indeed our at our China correspondent Tom mackenzie thank you so much for that let's forget Eiichi research founder and CEO hands go T. he joins Madison myself now from our Singapore studio so good to see you this morning hands thank you for coming on the show as always. where thanks I want to begin or where Tom just left off which is the economic impact of these trade tensions what are you watching to gauge that impact in terms of either real economic activity or sentiment. well sentiment clearly takes a hit I mean you can see it across the board for his is in the United States to have a recession in capital spending I mean nobody is seriously thinking about the long term many of so much uncertainty surrounding the trade for and unfortunately there's no resolution in sight because now whatever happens is heavily politicized on one hand the FDA U. S. selection in twenty twenty with to present trouble to get reelected obviously he cannot appear to be weak on the other hand you have the seventieth anniversary of the people's Republic of China presidency cannot appear to be weak so I don't really see those of a resolution and I think the real problem is the hate to sentiment and that basically sells on everything yeah..

fifteen percent three hundred sixty billion do ten billion dollars one hand
"sixty billion dollars" Discussed on Newsradio 700 WLW

Newsradio 700 WLW

01:38 min | 1 year ago

"sixty billion dollars" Discussed on Newsradio 700 WLW

"Sixty billion dollars worth of US goods the finance ministry in Beijing says penalty duties of five percent to twenty five percent will be applied on a host of American products, including things like batteries, spinach and coffee, the new tariffs take effect on June. First opening statements underway in a murder trial over what happened to prosecutor Joe dias is called a racially charged killing. Drew's pick last week. Did you hear the case against the Baber who's accused of shooting death driver who was involved in an accident in walnut hills? Where a boy was struck by a car will painting Crosswalks in Cincinnati to look like, they're three dimensional slowdown traffic, the ideas being tried another country's prevent pedestrian accidents. Cincinnati had a rash of is here especially in your school zones. In today. Council on public safety committee has voted to explore installing those three D crossings here. Taking away penalties for marijuana possession in the city ordinance to decriminalize pots been introduced today at city hall as well. Sponsored by council members. Jeff pastor it eliminates any jail time and the fine for possession of less than two hundred grams of marijuana similar measure was overwhelmingly approved by voters Norwood last November reds have today off before opening up a series tomorrow at home against the first place. You cargo cubs. So far this year the reds have not fared well at all games against central division opponents and only one three out of fourteen news service of French lick resorts and casino. Our next update's at eleven thirty. On newsradio. Wwl American military university is a respected educator to national security professionals. A distinction earned by never forgetting our students are priority. One. We keep tuition. Affordable attract field,.

Cincinnati marijuana reds American military university US Joe dias Beijing city hall murder walnut hills prosecutor Drew newsradio Norwood Jeff French Sixty billion dollars twenty five percent two hundred grams five percent
"sixty billion dollars" Discussed on Inside the Hive with Nick Bilton

Inside the Hive with Nick Bilton

03:42 min | 2 years ago

"sixty billion dollars" Discussed on Inside the Hive with Nick Bilton

"What one hundred sixty billion dollars personally, you know, Amazon's a trillion dollar company aid in the you know, he was he was doing an interview a couple of weeks ago. And he was saying how thing about Amazon that makes it a unique company is that they can there's not a business that they cannot get into and not apply their algorithms and their data, and you've written quite a bit and talked quite a bit about how they do things that that are just blatantly in favor of Amazon and against the smaller companies. Is it just that? No one's looking at this. Or is it the? Amazon's really really smart about it. And that's how they get away with it. No. I don't actually think that's smart about it. I mean, they were very smart and Lena, Conroy this brilliant article called Amazon's antitrust paradox, where they followed kind of the model that had been laid out by Wal-Mart, which is as long as you give consumers low prices, you can get away with a lot of kind of bullying tactics in the marketplace. And because I anti trust law. And like I said the Chicago school of economics really focuses on this thing called the consumer welfare standard, and as long as consumers are happy, then you can get away with whatever you're doing. So that's been the smart part about it. But they're doing a lot of conduct that I think would be a successful antitrust cases. And you know, I have been pointing out the antitrust risks that I think the company faces because of the conduct and I don't know why nothing has been done about it in the US. I do know that Europe has started an investigation. Against a looking at how Amazon uses data of those sellers and brands on the market place to undermine competition on the marketplace. So I think they're going to get it from Europe didn't Amazon do slim recently where they ousted marketplace sellers to the the only the only thing available was actually the Amazon progress. So yes. And that is that is clear exclusionary conduct that it would it would be enough to bring them an apple ization claim. So under antitrust law is not actually illegal to be a monopoly, but it is illegal to monopolize. So you need to have both monopoly power and some kind of exclusionary conduct not exclusionary conduct. I mean, you know, so I think there's a case there. I think there's been a lack of political will. But but isn't okay. But you know, one of the things that I mean, Trump hates everything. But one of the things he clearly hates his Jeff Bezos. And Amazon wouldn't he say, okay, let's go after these guys or is it that he doesn't think that they can win or the the DOJ has more important things to worry about right now. What do you think the reason that the Trump administration hasn't said, let's do the Trump administration can just confuse you and make you scratch your head a lot because simultaneously with these kind of angry tweets about Amazon, the Pentagon as a wording Amazon gigantic contract that this Djeddai contract that is you know, worth huge amount of money and the contract, the what is called the RFP looks as if it was custom crafted for Amazon, so you have like different parts of the government that are really catering to Amazon, and I just saw today that there was a report that Amazon spending the most on lobbying it ever has in the wake of these Pentagon contract. It's so I don't know he says one thing. But then, you know, the people that he put in charge people who are more of this antitrust establishment that doesn't really believe in robust and address enforcement and thinks the markets will just take care of everything, and they'll be some sort of disruption..

Amazon Jeff Bezos Trump Europe US Pentagon Chicago school of economics DOJ apple Wal-Mart Lena Conroy one hundred sixty billion doll trillion dollar
"sixty billion dollars" Discussed on KBNP AM 1410

KBNP AM 1410

02:06 min | 2 years ago

"sixty billion dollars" Discussed on KBNP AM 1410

"Is a business that's going to go up in value right like netflix is worth hundred sixty billion dollars today hbo winners worth forty fifty it makes no sense right in the right hands hbo and hbo and warners has a lot of an amazon or an apple why can't they walk away from the transaction and another penalties and fees but this changed in two years time warner management is close enough to get this deal done walking away i think imagine team is is kind of done yeah the corporate the corporate sides over i i think there's a you know they're they're walking away from it you know the handing it off the i can understand the excitement of the deal breaking down to the bigger rafa coming in but if the dot wins today doesn't the whole story of the media sector just breakdown with it it does and in the next day then we're attracting comcast to walk in or wednesday with a bid for fox well that's not gonna happen right away right so all of a sudden the air time warner in the management or kind of in a catch twenty two if the deal goes through the likelihood of a bigger off account again given how difficult is going to be to get deals done right by jonathan i'd say to you what they should you the next step should be a breakup of time warner time warner big there's two different pieces of content distribution should be separated out within this folks i should make clear craig moffett expertise on a telecom and sort comcast and cable and all that and nathanson expert and content and what's going on there give us an update then on what to me is the path breaker but struggling to get transactions done which is disney disney wants to go on stream they wanna do these how is disney doing right now you know disney's been doing fine if you look into the more than fine they have businesses like theme parks all time high movies nothing nothing has been better than theirs espn has been the bear case for the past three years right now espn is at a point now agreeing sparking new affiliate fees new deals done i think disney is fine you know the prompt dizzy now is you.

netflix warners amazon comcast fox disney espn hbo apple warner management craig moffett nathanson hundred sixty billion dollars three years two years
"sixty billion dollars" Discussed on 550 KFYI

550 KFYI

01:51 min | 2 years ago

"sixty billion dollars" Discussed on 550 KFYI

"Money they don't have to put up one hundred percent of the money when they buy stocks so you only put a path the money so what happens is is because people are borrowing and then they're making money then it brings more money into the market on margin and people look at this it's just like what drives a housing bubble everybody sees it everybody else's getting rich doing this so everybody else starts pie went on and as stock prices go up it becomes a self fulfilling prophecy and you get more borrowing capacity even if you don't sell the stocks the problem is is that when stocks fall again you have three days to come up with more money otherwise if you go below a certain dollar value of how much you have to support the stocks you bought on margin if you've borrowed too much money against it your brokers gonna come back to you and insist that you come up with more money and they don't just like say hey you know when you get a chance okay you got three days and if you don't come up with more money and as i said in the last segment people have no money people are sitting on negative cash balances and they're trading accounts of about three hundred billion dollars right now because people have borrowed six hundred and sixty billion dollars to buy stocks on margin so that's effectively doubling their capacity to be able to buy that creates a huge amount of demand but conversely when you get the margin call and you're told you don't have enough money in your account that becomes the vicious cycle where people then have to sell they sell whatever price they can get if you don't make the decision of woodstock's to sell your broker just start selling them for you and now you have more supply coming into the market the price of a share of stock is based on supply and demand and absolutely nothing else so if price starts coming down than other people get margin calls and what you'll find if you go back.

woodstock three days three hundred billion dollars sixty billion dollars one hundred percent
"sixty billion dollars" Discussed on Sit and Spin Radio Network

Sit and Spin Radio Network

02:16 min | 2 years ago

"sixty billion dollars" Discussed on Sit and Spin Radio Network

"I'm sitting pretty at this point but for the past few years i've had terrible credit and it was very difficult to get a cell phone and things like that well if i'd lived in communist china i might not have been able to travel with the past couple years i might not be able to travel for the rest of my life because of that this is what's going on and it's it's a little scary it's a little scary to think about this i want to move on from that i do have some other news about china it's interesting that it just so happened that trying to try to implement that social structure it's really class discrimination right it's kind of a new form of it if you have bad credit then you're discriminated against on a government to level well trump has decided this week to discriminate against china because of stolen intellectual property trump imposes sixty billion dollars in tariffs on chinese imports calls how beijing on intellectual property theft and it's about time in my opinion delivering delivering delivering that's what trump's doing now i'm gonna change that tune in few minutes when we start talking about this omnibus spending this just happened but nevertheless trump this week came out and said that the era of economical discrimination from other countries on america is over and i applaud him for this us president donald trump has announced a sixty billion dollar package of terrorists against china according to the white house the move is aimed at curbing theft of intellectual property which has been going on for decades trump has signed a section three oh one trade action with china that could be about sixty billion dollars tariffs unbelievable he said adding that he asked china to reduce trade surplus immediately by one hundred billion dollars and we have a major trade deficit i mean we're talking eight hundred billion dollar trade deficit at the very least it's somewhere between three hundred.

china theft trump america donald trump white house beijing president sixty billion dollars eight hundred billion dollar one hundred billion dollars sixty billion dollar
"sixty billion dollars" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:32 min | 2 years ago

"sixty billion dollars" Discussed on Bloomberg Radio New York

"Is i asked him i said what's your biggest challenge and they said we can't find workers and i say okay are you raising wages they say no and then i said well then you're just whining right you want more of something but you're not willing to pay for it that's called wining and so until i hear businesses actually say no we're raising wages to attract workers then i'm going to know that they're serious and again we're seeing i don't want to overreact to one jobs report but three hundred thousand number comes into the payroll report the last one we need about one hundred or one hundred twenty thousand jobs for month to keep up with population growth so to for the economy to create two hundred thousand jobs or three hundred thousand jobs that means we're using slack that was somewhere in the economy that's remarkable and that's happening at a time of modest wage growth imagine how workers are going to respond if wage growth picks up i think we're going to see even more people get drawn into the job market and so this the most important determination we are trying to make in my opinion is how much slack is in the labor market and i think the headline unemployment rate which right now is four point one percent that's historically been a pretty good proxy for slack in the labor market i think that gauge is broken because of the financial crisis and a lot of people have given up and are only now starting to re enter the labor market i want to ask you about another big piece of news this week for and that was president trump putting tariffs up to sixty billion dollars on on chinese exports the chinese of course are are responding in kind.

president sixty billion dollars one percent
"sixty billion dollars" Discussed on C-SPAN Radio

C-SPAN Radio

02:35 min | 2 years ago

"sixty billion dollars" Discussed on C-SPAN Radio

"And o'keith a new byline starting in mid april what's next well headed over to cbs news to be there on air political correspondent reporting for the evening news cbs this morning and however else they need me but we'll still be here in washington and tracking events and hopefully we'll be able to make time for you and your listeners steve we wish you all the best and o'keefe of the wash washington post thank you for being with us take care and now under the new trade tariffs that spooked investors on wall street the president signing an executive memorandum today that would impose tariffs on up to sixty billion dollars in chinese imports the measures designed to penalize china for in part trade practices at the white house says involves stealing american companies intellectual property we begin with the president we're going to be doing a section three hundred one trade action it could be about sixty billion dollars but that's really just a fraction of what we're talking about i've been speaking with the highest chinese representatives including the president and i've asked them to reduce the trade deficit immediately by one hundred billion dollars that's a lot so that would be anywhere from twenty five percent depending on the way you figure to maybe something even more than that but we have to do that the word that i wanna use this reciprocal when they charge twenty five percent for a car to go in and we charge two percent for their car to come into the united states that's not good that's how china rebuilt itself the tremendous money that we've paid since the founding of the world trade organization which has actually been a disaster for us it's been very unfair to us the arbitrations are very unfair the judge has been very unfair and knowingly we always have a minority and it's not fair so we're talking to world trade we're talking to nafta we're talking to china we're talking to european union and i will say every single one of them wants to negotiate and i believe that in many cases maybe all cases will end up negotiating a deal so we've spoken to china and we're.

president china white house united states cbs washington executive sixty billion dollars twenty five percent one hundred billion dollars two percent
"sixty billion dollars" Discussed on Quest Means Business

Quest Means Business

02:35 min | 3 years ago

"sixty billion dollars" Discussed on Quest Means Business

"World bank i think that will need at least sixty billion dollars for the recovery so we start we have to start discussing who's going to put that money columbia is willing to contribute because we're going to be celine much of one in venezuela needs the food the input for the manufacturing sector the pharmaceuticals that the population needs aides as long as this tragedy continues you're still feeling affects spillover effects we have half a million venezuelans now linian collegue he's actually we give them foot we give them shelter we give them medicines we give them education for the children it's part of this solidarity of columbia these are countries are vague close families that leaving both sides of the border so we have that's why we're worried that this increases because we could not deal with a million or two million but the longer they are that the more the there was a permanent to that staying that yeah and so far they have found jobs and they are making a living in colombia but will we went to me create awareness that this is something we're doing with our own funds in colombia with half a million venezuela's by we cannot do it with a million or two million news justin to cnn ahead of hawaii's emergency management agency has resigned a preliminary investigation into that false missile alert sent to people in hawaii on january thirteen th showed that the employees who triggered the alarm seemed confused and froze after sending it and that person in question has been fired will not even a president trump is immune from the problem of fake social media of followers twitter is promising to tackle the problem we look at why it's so important have enough bear to lisa malone i'm the host of the film struck podcast is showing made by filmlovers full film love is we have great conversations with people working behind the scenes in hollywood movies like liz hannah and josh cigna this is an incredible story is the very first feature film script for liz hannah she rochat without knowing if it would ever make the big screen and then three months later i got a call that stephen tomen merrill we're all reading it and that they were really thinking about doing it so that was the sort of the best and most terrifying phone call i've ever gotten can you imagine your very first feature film bang made by steven spielberg and starring tom hanks and meryl streep make sure.

steven spielberg stephen tomen merrill josh cigna hollywood twitter president cnn meryl streep tom hanks colombia liz hannah lisa malone social media trump hawaii justin venezuela sixty billion dollars three months
"sixty billion dollars" Discussed on C-SPAN Radio

C-SPAN Radio

01:51 min | 3 years ago

"sixty billion dollars" Discussed on C-SPAN Radio

"Approximate estimate of six hundred sixty billion dollars in town max cuts tomorrow law goes most loyal member that's the path through provisions in through show companies and packed shelters welltodo people the richest in america are going to be able to disguise wages as building the income to avoid higher income tax rates and paying their fair share of payroll taxes and we want to make clear because you know all this path lingo is kinda i blazing stuff payroll taxes funds social security medicare programs that the american people in the two of us feel so strongly about this pass through pass dodge jeopardizes those horror program medicare and social security as we know it today finally the president lower taxes as leader indicated for america's wealthiest individuals to add another two trillion to the heaping pile of tax cuts for the fortunate few let me turn now to the middle class and this is particularly important under the president's plan larger families in america are gonna see the most harm downspeed because republicans are getting rid of key exemptions hertha more independent that more relief from moms and dads and their kids now republicans have said they're gonna double the standard deduction this is a massive step backwards number one from multiple bipartisan deals to triple the standard.

america income tax rates president social security six hundred sixty billion doll
"sixty billion dollars" Discussed on WTVN

WTVN

01:53 min | 3 years ago

"sixty billion dollars" Discussed on WTVN

"Could have changed that is if we have the courage to put the vice president in the senate leadership care that chair at the front of the body and get him to rule that these things were and order that's what i favored and several other conservative favored that as well as anybody talked to the vice president about well i think it would have come from it would have to be unanimous from our leadership it's not something that can be done with twelve republicans deciding they wanna to do it it takes all fifty two of us because you would have to uh muscle at through and invite the vice president set up there and basically that is something that takes a an overwhelming majority of your caucus to get done and when we have discussed it there has not been content who says that what is that it should be don although i think my frustration of obamacare is such that i would've voted so you know what i think it's time to get rid of care and if it takes putting the vice president chair i'd have to vote for it is a lot of people like me that are angry with the house and senate and i have some friends in in dc a lot of people and and i'll give you some examples i mean that behind closed doors there were some house members there are some senate members that actually trashed the president and openly speak that they don't want him to succeed have you ever heard of petty buddy that you know of in the senate in the house the toxins way you know i think it's actually less so i think the president gave during more and more support among republicans overtime and i think for example not everybody agrees with every statement of president make but i think they've seen the good i mean the feeling of getting a supreme court justice like gorsuch that comes along once in a lifetime if you're lucky and so that is a huge deal repealing you know sixty billion dollars with the regulations in the first month so for all of our disagreements on obamacare which are deeply disappointing kamei the fact that we got gorsuch and then we got regulatory repeal and that the president put forward.

vice president the house dc president senate sixty billion dollars
"sixty billion dollars" Discussed on KOIL

KOIL

01:59 min | 3 years ago

"sixty billion dollars" Discussed on KOIL

"The house and senate and i have some friends and in dc a lot of people and and i'll give you some examples i mean that behind closed doors there are some house members there are some senate members that actually trash the president and openly speak that they don't want him to succeed have you ever heard of anybody that you know of in the senate in the house the toxins way you know i think it's actually less so i think the president's gathering more and more support among republicans over time and i think for example not everybody agrees with every fame and copresident make but i think of him the good i mean the feeling of getting a supreme court justice like corset that comes along once in a lifetime if you're lucky and that is a huge huge deal repealing sixty billion dollars worth of regulations in the first month so for all of our disagreements on obamacare which are deeply disappointing kamei to and we got gorsuch and then we got regulatory repeal and that the president put horta real tax cut i mean these are all good had the holy grail the conservative and looking for for a long time we've got a cabinet that more conservative than ronald reagan so vermont conservative point of view i tell people look the president has exceeded my expectations house your relationship now with the president and how involved see in all that's going on in the senate over health care you know very involved are probably talked to him a half a dozen times in the last three weeks and his implement on the process i think was helpful uh both influence with talking to individual members like myself but then also relaying the message back a leaderhip that if you want paul's vote you're going to have to negotiate with them and so i think it been helpful to have him involved in it he understands that he and i don't always agree and that i have an independent viewpoint but i also want to support republican president i want to support the trump presidency and cried too whenever we agree in but i think he also understand strength of character in.

The house president senate horta holy grail paul dc ronald reagan vermont sixty billion dollars three weeks
"sixty billion dollars" Discussed on WCBM 680 AM

WCBM 680 AM

02:01 min | 3 years ago

"sixty billion dollars" Discussed on WCBM 680 AM

"I think my frustration with obamacare asserted i would've voted so you know what i think it's time to get rid of obamacare and had take clinton vicepresident chair i'd have to vote for it is a lot of people like me that are angry with the house and senate and i have some friends in in dc a lot of people and and i'll give you some examples i mean that behind closed doors there are some house members there are some senate members that actually trash the president and openly speak that they don't want him to succeed have you ever heard of anybody that you know of in the senate in the house the toxins one thing oh i think it's actually less so i think the president's gathering more and more support among republicans over time and i think for example not everybody agrees with every fame and appropriate make but i think of him the good i mean the scene of getting a supreme court justified gorsuch that comes along once in a lifetime if you're lucky and so that a huge deal ru appealing you know sixty billion dollars worth of regulations in the first month so for all of our disagreements on obamacare which are deeply disappointing kamei bacne we got gorsuch and then we got regulatory repeal and at the president put horta real tax cut i mean these are all good thing he have a holy grail that conservatives have been looking for for a long time we've got a cabinet that more conservative and ronald reagan's so from a conservative point of view i tell people look the president has exceeded my expectations house your relationship now with the president and how involved does it see in all that's going on in the senate over health care in a very involved i'll probably talked to my half a dozen times annoying three weeks and his implement on the process i think was helpful uh both employment with talking individual members like myself but then also realizing the message back a leaderhip that if you want paul's vote you're going to have to negotiate with them and so i think it's been helpful to have him involved in it he understands the an item don't always agree in that i have an independent viewpoint but.

the house dc president senate horta holy grail ronald reagan paul obamacare clinton sixty billion dollars three weeks
"sixty billion dollars" Discussed on ESPN Chicago 1000 - WMVP

ESPN Chicago 1000 - WMVP

01:45 min | 3 years ago

"sixty billion dollars" Discussed on ESPN Chicago 1000 - WMVP

"Your deal that's your first move phil jackson you're sixty billion dollars how dare you forget that the next also acquired lands on in forget that i admitted it because it was it was it was more irrelevant the ours curtain as nineteen second round pick pablo your next i'm going to go right to february twenty fifty thousand fifteen because that's when phil jackson ripped the next on twitter and yes there was a sevengame losing streak but talking about the basketball god's in heartburn just opened the door for us to an old man on the internet and that's what am i favorite people just the guy he's tweeting things like how's it going great deal like the love whatever it twenty eight two thousand sixteen jackson tweets that golden state warriors star steph curry reminds who have back mood abdul rove yep it's based part of that old guard of like like oh you think steph curry is good but vacuumed my day olga chris jackson turned back move douro was better okay okay i am young old enough to have seen chris jacke sales you and then sharda douro me mba he's an excellent shooter in jilin rose will say over and over again with great team it is and and how stefka does remind him of that but at the time febrary twenty two thousand sixteen heard was in the middle of that sees it yet where was nv sees this the little skinny do like the best basketball player this this game here's bill jackson just waking up in the morning but let me remind these young people you like gyulai gpa like anthony davis the esi george mike mike in great branding on that drill though truly the mike in drill like it like really yet the hill hans him being held will never go away i still did little to this day dwi skip.

pablo steph curry chris jackson jilin bill jackson george mike mike twitter basketball jackson abdul rove chris jacke anthony davis hans sixty billion dollars nineteen second