35 Burst results for "Us Trade"
Navarro: Trump Executive Order on Drug Prices a "Beautiful Thing"
"White House trade advisor Peter Navarro spoke with CBS News What this executive order does. It's a beautiful thing. It's pure trump. It's by American for our government agencies like the Department of Defense, HHS and Veterans Affairs. It sweeps away some of the regulatory barriers to traditional manufacturing pharmaceuticals on our shores here. The president will be signing the executive order today during his visit to a World Pool appliance factory in northern Ohio. But so far the headline out of that event has been that as they tested people for Corona, who'd be close to the president turns out the governor of Ohio. Mike DeWine testing positive for Corona virus. His office says he's not exhibiting, though. Any symptoms. There was a big overnight fire in the basement of a house in Paterson, New Jersey, and police say they uncovered a
Amazon CEO Jeff Bezos sells around $3 billion in Amazon stock
"Amazon CEO Jeff Bezos has sold shares in the company for the first time since the pandemic made him the wealthiest person alive. He sold a 1,000,000 shares on Monday and Tuesday when they were worth just over $3 billion. Amazon stock has been trading high as more people flock to the commerce platform during the pandemic
Bobby Moynihan plays a drug dealing manatee in new Comedy Central show
"Everybody. This is Bobby Moynihan and I'm here to tell you about my new show Lafi on comedy central digital. It's an improvised animated series about a weed dealing Mandy named Lafi, who has to Juggle being a single dad and the number one we'd dealer in New York City all from his tank of the Central Park. Zoo not to be confused with the much cleaner Central Park Zoo and you can expect things. Like a group of zoo animals playing DND Atar, you're trading sexual favors for a harp, a weed smoking hypnotist, a Cammo who thinks he's Markham oh inter species, relationships, outer species, relationships, Inter species, feuds, and much much more with characters voiced and improvised Ron funches Cecil strong Eugene Cordero Gina Gershon. Jason News Kevin Smith Jay Pharaoh Nina West, and Taryn kill him. It's Lo fi on comedy central's youtube and facebook pages out tomorrow.
U.S. Trade Deficit Narrowed in June as Imports, Exports Rose
"US trade deficit drops for the first time in four months, the trade deficit fell by 7.5% in June to about $50 billion the first decrease since February. The Commerce Department says exports posted a record increase, rising an unprecedented 9% while imports rose almost 5%. Global commerce has been hammered by Cove in 19 but some economists expect the US trade numbers to continue improving as production catches up with the recovery in
LINK Crossed With BTC My Favourite
"Just had the new candles clothes orphan they. I should say five percent on yesterday closing at eleven thousand, seven, hundred, sixty, three, dollars, five percent once one knock that out the window that's the biggest move. The we've had next to the eleven point two, five percent that we saw. That's the biggest moves back on the first of June. So it's not significant ladies and gentlemen it is not insignificant at all saving and push on three bright the highs get above twelve thousand and really stop this pump moving. I was sore theory that I closing up as well to when I sent. It closed at four one the first time its theorems closed above full hundred dollars in this most recent run the I close above four hundred dollars since. Y on even know when the child I'm looking at federal shot. Now, I haven't got data that goes back that far. So it's been a while it's been a wall are also looking really you I for a two is sitting at rotten out. Superb looking knock it there on a theory just doesn't want to slow down I. WanNa see that four hour kick on a bit more. EXA Pay. Off The point four percent, the old quiet shave this one x updates sitting at thirty cents on the dealing rotten out closed just above thirty cents a guy in another market, the close above a significant level So we'll see how that goes throughout the day bitcoin cash. We'll get closed up one point seven percent as well. And? It's Five one five at the minute. So nothing too crazy out of the out of the rooms above. Madness, it's a lot cleanwater, fifty, nine bucks art we closed. Up Two point one percent yesterday. It was up two point seven, five them with sitting at two, hundred, thirty, three dollars, seventy six in what looks to be potentially the beginning of a very bullish day across the dymock it's called Donna was down point seven a little bit stock Dick Donna with hanging around that fourteen percent mark. The minute needs to do a little bit more from honest finance number two as far as liquids. So as far as moves went yesterday bitcoin being the number one bonnets to full point three percent closing at twenty three to twenty seven very nice up and shot that actually waiting pullbacks. Three dollars and seven we closed up point six today link. Well, it closed down two point six non but a tell you what I'll tell you. One thing it's looking very, very nice and if you look at Link Bitcoin, let me just check now to make sure did give me a not for its in the cradle. On the our China Link Bitcoin. China bitcoin that is one that on stoking today very very closely yesterday got filled on hominy. Hominy US Dollah Tetra. Longtime position on the daily looking quite Nas I. got a really solid move out of the candle back on the sixteenth of July and. That I was up nine point, three percent. So sitting pretty there hopefully should be just about a Ramli one to one tie. It's very I think moderate actually got the just boy visual sense to check the account. because. Look. In Arkansas you a couple of things that are really important that you're GONNA to have to learn in these next bull run. It's not gonNA come from May telling you what to do. It's GonNa come for me telling you what others done. Yet accurate member. WHO Was it back in two thousand eighteen? And this chat was A. Look to be honest with you saw two, thousand, nine, hundred, he he came to my law, of course, the two day. event. Honestly. He had a really bad attitude about writing I I really truthfully he came I got on a street is I. Don't know why because he was so maybe he was looking for help but he was looking for that inspiration a diary night but he was so insult, he was so negative about trading. He was telling me that hey, couldn't try it. He didn't think he could be tried. And The pull back I'm thinking how do you get to this point and I realize what he was doing was was trading what he was doing what he thought was trading but he was punting he was just putting away had no strategy syndicate? Will you know he's off interesting for wall of I'm not sure can be tried of lava. We'll you need some structure because I do I said Okay we'll wrought down. On a piece of pipe you strategy. Tell me what it is. Tell tell me what you're looking for. and. He said all I don't really know I feel that I am looking for certain things and what are they said things write them down. And he couldn't. They couldn't brought down anything. It couldn't even Dan one. One element of a checklist and I'm not saying that checklist of the to do it, but if you don't know you strategy. What are you doing? What are you doing? You ponting. Don't do it. You lose you will lose money you will lose money.
"Years after I took the monastic vows trading all my worldly possessions for a pair of monk's robes I moved into a monastery that was off the grid remote and blissfully quiet one day. My friend Kim sent me a letter saying timber I. Understand why you love living there I mean who wouldn't but how can you honor your vows to be of service to others if you cut yourself off from the rest of the world and keep yourself tucked away in the mountain somewhere Kim didn't point out my hypocrisy because she's cruel or judgmental. She did it to shed light on what I couldn't see from where I was sitting that. My actions were not congruent with my words. There was no reason for me to get defensive because Kim wasn't on the offensive and fact Kim's comment had nothing to do with her personal needs or opinions it was about me saying one thing and doing another don't get me wrong I don't regret moving to the monastery in the first place. But after Kim's intervention, a couldn't justify staying envy see non violent communication considers unsolicited advice a form of bullying and judgment but Kim's comment wasn't unsolicited I have an understanding with all my friends that being supportive of one. Another does not mean blindly cheering each other on, for instance, if any of. US are about to repeat a harmful cycle that we swore. We wanted to break the drinking to excess getting into another dysfunctional relationship or deviating from a path. We have previously claimed we wished to follow we welcome intervention I. Mean I wouldn't tell my buddy John to stop smoking because never claimed he wanted to stop but I would definitely urge my friend Ashley to spend less money if she had previously told me that getting out of debt was her top priority. You see it's not about pushing my opinions on anyone. It's about supporting their decisions regardless of what I think and Buddhism we take refuge and what are called the three. Jewels, the Buddha, the Dharma and the Sangha the teacher, the teachings and other students on the path. My friends are my Sanga or my congregation if you prefer, and since you are my friend in your on this path with me, this month's intervention is similar to what Kim offered me many years ago. It's an invitation to reflect on areas in our lives where we are being hypocrites areas where we are not behaving in ways that are congruent with who we wish to be, and sometimes we even publicly claimed to be. We aren't always honest with ourselves because we often have too much shame or guilt around the decisions we make other. Times we are oblivious that we are out of alignment today. I urge you not to look back on your past behavior and wonder why you've done what you've done before but to decide how you can live from this moment forward. So that what you think what you say and what you do are all in harmony I warn you though something's going to have to shift to because you will either have to change what you think what you say or what you do before. You can live a congruent life and other words do your decisions reflect your values peck? Do you even know what your values are many of us never take? The time to write them down. For example, do we actually value being considerate or do we just like to think of ourselves as considerate neighbors even though we regularly run the dishwasher at one am in our third floor apartment with no consideration to our downstairs neighbors these little things make a big difference because the way we do one thing is the way we do all things. So let's do it all mindfully congruence consistency and transparency require us to be vulnerable and honest with ourselves about our strengths and our shortcomings. So go ahead and write down the kind of person you wish to be as well as the kind of person you. Currently are, and you will see for yourself where you have some work to do consider this your own intervention, which is defined as the action of becoming intentionally involved in a difficult situation in order to improve it or to prevent it from getting worse interventions like black lives matter and the metoo movement have forced all of us to examine where we have unknowingly unintentionally or unconsciously racist or failed to demand equality even while we claimed to believe in it and just like simply wearing amongst rove's does not make a monk or wearing a cross necklace does not make you a Christian in the words of Tyler durden sticking feathers up your. But does not make you a chicken. What we're talking about is having a strong conviction to live in line with our values so that we stay in our integrity and avoid all unnecessary suffering or battling with internal struggles. Suzuki row she said there are no enlightened beings. There's only enlightened activity. The people we consider enlightened are just like you and me they simply make enlightened activity part of their daily lives that is to say they walk the talk I think it's why my own teachers asked me one day. Why do you need the robes? Why can't you just be the guy in town with the bright is indeed why can't we all?
Cryptocurrency and Taxes
"We're talking about taxes right? It was crazy to me. Is that when we first got into space everyone thought it was like. I Dunno taxes was like such an afterthought but now that we're at the point where taxes have to be of forethought. Kinda shows the growth of everything. For example, my pops he hit me up. And he's like, how's do my taxes this year? And I got ask a bunch of questions about crypto like Bitcoin and do I trade and do I train light kind crypto and I. Didn't have the answers. So I didn't know what to do. And I'm like in my opinion I think that shows just the progression of space since we started the ship like. Regular Joes. I mean it certainly shows. Like a outward perception, a legitimacy. Of like how people feel this is a thing and it's gotten big enough to where like. Government authorities have to start asking questions because enough people are using it to justify them wanting to collect taxes on it. Enough. Businesses are asking questions in terms of like, how do I properly file if I WANNA. Take this as a form of income because I would like to. and the there's not a lot of answers across the board like hard answers but. It definitely speaks to like I said the legitimacy of how people feel. About this technology and if you think back to earlier days a good portion of it was like. An effort to completely get around. All of this stuff and make it a global currency that doesn't require that. That's ridiculous like an realistically speaking. You're never going to be able to run a business. Without paying taxes to the justification that business exists in. Now like it may get odd in. Answering the question as to where your business exists if it exists on the Internet. What jurisdiction it's it's reliant upon that's a whole different story the. I think as a business one thing I found out recently from a from my accountant nine attacks just an account. If? Your Business. And you want to buy an old crypto. That is just a balance sheet transaction. So that means, is Ya gotTA pay taxes You're basically moving in that's highly liquid southern that slightly less liquid on your balance sheet and that's it. So you can buy whole cook does business and your tax as if his property. Ebay capital-gains tax long term short term been how long you held it. I think long terms just one qualification anything long eating your whole longer than a year I, think qualifies for that long term capital gains tax. So. I think it's so difficult though like even if you were business trying to do this stuff. Like. This is something that I had an issue with and some project that I wanted to work on button due to lack of time and never got done was small business services like the turbo tax for understanding. How you deal with even invoicing accepting pricing timing of all these things and look how how value fluctuates in between all of these different points and so like if you think about this specific, that bothers me we say like Bitcoin or whatever is money it's not. It depends on how you like define money but like. When you the if the price of what you're billing in changes drastically from when you invoice to win, you receive to win. You can rec- when you spend it to etcetera like that's not this is going to do that. They're not giants several conversations throughout the whole process of like estimate to invoice to collecting you gotTa have three different several conversations. They're like, Hey, I know and we estimated the Bad Boy. This is how much big when you're GonNa give me but it seems like the prices gone down. So you're going to have to give me a little bit more big guess class not going to do anything like fuck that this quote we signed it it's a it's a go. This is go. So as a business loan, it's not feasible to accept cryptocurrency except for I would say Oh very short term projects or products. Right. If you have a factored in that, the spot price is going to change so much right. So if I sell this bag of chips I'm not I'm not concerned with the float.
The MPB Photo & Video Hall of Fame
"A full to another episode of this week in photo I am your host Frederick Van Johnson today I'm looking to be joined by Matt Barker. He runs a little company called MPP. It's cross the pond, and over on this side, we're going to be talking about some of the projects that they're working on and just sort of getting to the bottom of this hall of fame thing that he cooked up. He met welcome to the show. How's it going? On keep having me. Good evening evening here so Here The It's good to have you good to have you. So let's talk about this. So first of all, let's talk about the company. What is All. About what's the company you sort of elevator pitch for for what you guys do? Show assets pretty. Straightforward. We now the largest platform globally. For photographers, videos, filmmakers to buy sell and trade kit. So we are online and available in the whole of the US where you are in the UK and all across Europe as well. So buying anything from entry level. Salah Kit maybe one hundred bucks up words right the way through to syndicate Red Kit things of that nature. Up to the various kind of high end of things. So I think overall reprise across about six thousand different products and buying and selling lenses, bodies, etc way. Primarily within the kind of autofocus era within the digital era with bodies. But obviously that's a huge catalog of kit. And now now the biggest and the best place to be doing that really. So that's in a nutshell, our PB DOT COM. That's fantastic. Congratulations on that. So so just just to put a finer point on it. So the largest the largest player in the buy sell trade. World for photographers and videography or creative professional's doing that sort of stuff. What does that look like in terms like today right? So as we record this, it's July sixteenth twenty twenty and and obviously if you know your history people this was in the middle of the pandemic, we're currently in the middle of a global pandemic. In, what how does that affect the world of of buy sell trade? Is it a positive effect is negative or is it benign? Question I think. It's been obviously an awful time for all of us and really really challenging for business in general and. It's usually by this many businesses literally having to shot of their Dole's. I think from our points of view and it was fairly similar in the UK to the US. So in the US based in New York because you said earlier in the UK, based art in both the UK and New York went into lockdown around a similar time in March. And that stage. John Sentence for us we we weren't sure if we could remain operating tool at that time and around the balls that were being put in place and things like that, and we run a massive warehouse here in Brighton Beach Warehouse in Brooklyn and so i. I kind of concentration from us, I, guess when this thing came on was the safety of our staff primarily, it was very much a stop first customers this second approach. But I think once we got past those early weeks and got measures in place in warehouses to ensure that everyone was safe and we continue to operate. We've seen is like a really really positive thing in many ways, which is the it's been clear to me watching what's been happening on the platforms that people have been really engaging with photography actually, and we've had loads of new in new engagements and new customers coming onto the platform for the first time. Has Been recent huge growth and not. Someone said to me I guess is that during what's been everyday difficult time during a time where people have had to spend a little time indoors and? Changing the normal habits working from home excetera. I think people have found a lot of comfort and joy in their hobby and turns about passion point and to to to find. Some pleasure really at quite difficult time. So and we're certainly not a net beneficiary of this thing at all. The companies out there like Amazon's. Wouldn't ever say that that was the case walnut to be the case. But we have seen. Huge. In great engagement in a way, is clearly evident. The people have been been quite active with their hobbies. So that's been really really positive and I am going to see and like I say we're very lucky that we've been able to continue to operate to row being an online only business as we all. Say Some Fortune. I suppose dipped in that, which is you know not been the easiest thing to find a late. So yeah, it's it's. You know as as a business as well. I think because we all we've been around since two thousand eleven. So this is all on ninety. We're significant size business. Now, we're lots of people as well and again thank thankful for that because that gives us resilience and helps me I think if it had been if he had hits us when we were a much smaller company ABC's it's a lot more challenging to deal with, but we have. About one hundred people that work here. Now, not helped us in terms of resilience as well and being able. To change the way, we operate to to accommodate things at this time so. Yeah it. Definitely. Definitely a challenging. But definitely. Some positive things in there that we we can be talking about as well? Which is quite
Lawmakers Seek Records on Planned Kodak Loan
"Trading is another dangerous corporate game. And the Securities and Exchange Commission has suspicions about the $765 million federal loan that Kodak Kodak got to start making pharmaceuticals. Kodak's jumped stock jumped Morton's 25% the day before the announcement of alone reaction from President Trump. I don't know I wasn't involved in the deal. The concept of the deal is good, but I'll let you know what we'll do. A little study on the Kodak century into Big Pharma is seen as a way to reduce Use U. S dependence on prescription drugs now made overseas, particularly in China, the world's
How AI is Being Applied to the Stock Market
"Hello and welcome to the Today podcast I'm your House Kathleen Mulch. I'm your host Ronald Schmeltzer. So today we're going to spend our. podcast talking about our use case series where we look at the adoption, I in various different industries and today, we're GonNa take a look at the stock market and the training on. Amazing. Other things like the stock market commodities and futures bonds and Blah, Blah Blah. So we talk about stark record. We're talking about the trading floor in general, but basically the stock market and it is the dream. It is the long dream of anybody WHO's in the financial trading industry to find the magical algorithm magical model that can predict the future of the market because if you can do that you basically when everything in life. Right because. If I can tell you the price of Amazon or apple stock or oil, or whatever tomorrow, I can lock in my buy low sell high sell high by. Then you went and you know what? There are very smart PhD mathematicians out there right now, who are working on machine learning models to predict the markets, right? So we should talk about. I think ever since there's been a market, there's been someone trying to figure it out in one way or another. Just. Technology helps but still hasn't cracked it. So like Ron said, we wanted to spend some time today talking about a and how it's impacting the overall stock market trading floor and that whole area recently adoption of AI in financial trading has seen an uptick and more people are starting to look into this wealth managers are using ai to help serve their clients better. Freighters are using AI and also Also, augmented intelligence tools to gain insights and flight market advantages. You know anything that they can get. They really try any slight gain, is worth it to them, and also many people are starting to see some real value from using ai just in general. So we wanted to spend some time to dig deeper into this and talk about how ai is being applied in various ways. So part of getting. Getting an advantage in the stock market, of course, was called Informational advantage. If you have to know something before other people know things. Then you have an advantage just goes all the way back to you. Even Barron Rothschild in London stock markets, how he used the supposedly passenger pigeons ticket information from the battlefields. You know that was like supposedly like one of those big innovations and it kind of carries. Carries through to the high frequency trading. We're like you can engage in micro. Senate? Like not even Microsoft, by Pico Senate seconds of advantage over someone else because you have the man, you could place that trade just before the other people place the trade. Then you have an advantage, right? So having information advantage is a real thing, but you know nobody really knows the future especially machines. So really. So what you can use, you could try to just build better models. You could try to figure out, could try to fill the basically figure out a better cause and effect like when you see something happening in one place, right? What does your model tell you about what will happen somewhere else or maybe something in the same market like when I see, let's see there's oil prices are going up does your Mama. Mama predict something with some high rate of predictability about what will happen in other market, and so this idea of modeling model changes for Stock Market for finance for risk levels, the is really able to really analyze things just a much higher level. It's basically just doing things that skill we talk about that with the idea of hyper personalization is one of the patterns just in general patterns and anomalies and predictive analytics. Systems can read all the news, they can look at all the social media. Posts, you know they could check every stock, it check derivatives on stock options that could check all those things. So companies that are really using a I are using it first and foremost to just be a massive intelligence gathering tool and synthesize all that information together, and basically try to use that to inform and influence their models and use those models to basically help do things at a much faster speed, and of course, is about speed right? The speed is incredibly valuable and so someone getting something just slightly faster getting that insight. Maybe you just haven't inside that nobody else has which is great in. You can act on that and hope nobody else notices, but a lot of time. But the truth of the matter is, is that you never alone there's too many people looking at too many things. So it's really about speed right and there are many many companies that are really building these ai tools to look at the complex patterns in the market and analyze those pens so that that's one big way is hoping right now.
U.S. Seeks as Much as $18.1 Billion From Purdue Pharma
"The US Department of Justice is demanding oxycontin maker Purdue Pharma pay as much as eighteen point one billion in penalties as part of its bankruptcy reorganization plan. The Wall Street Journal reports on the civil side. The DOJ is seeking two point eight billion, which could be tripled under the law for tax dollars spent battling the US opioid epidemic, as well as kickbacks to doctors and pharmacies, and transferring cash to hide money from creditors on the criminal side. Federal prosecutors want purdue to pay a six point, two, billion fine and the forfeiture of potentially three and a half billion more over marketing and distribution that violated criminal statutes including anti kickback laws misbranding under the Food Drug and Cosmetic Act and conspiracy.
One nation, under gods? Indias divisive temple
"Off. Today India's Prime Minister Narendra. Modi. Traveled to the northeastern city of yoga which was hung with saffron flags and more than one hundred, thousand jobs. He came to lay the first stone of temple to Rahm incarnation of the Hindu God vishnu with believed was born in the city. This isn't the standard fare of a politician pressing the flesh for a photo op. It fulfils a promise Mr Moody made as a young politician to return to iota only when construction on a new temple began. Key. Speech at the dedication broadcast into the whole country he said the temple would be a symbol of unity that the weight of centuries and today. Agreement nation. Idea A symbol of unity. It is not the weight of centuries as Mr Moody and his BJP party see it goes back to the founding of a mosque on the site that was razed to the ground nearly thirty years ago. When we're talking about a Yoda today, we're talking about a very specific place just a couple of acres off the center of town where there was a great big mosque built in the sixteenth century and destroyed by Hindu activists in nineteen ninety-two. Alex. TREBEK's is the economists India correspondent based in Delhi the site of that former mosque is what's under contention? It's been the most controversial. Acre. In all of India. Ever since and the question is whether or not Hindus may bill the temple to Rahm right there and so how did things progressive since nineteen ninety two when the the mosque was destroyed how does that end up as a temple concentration today? It's been a terribly. Tortuous story through the courts after decades of legal stasis and very bizarre humiliation the supreme. Court. Last November, few months after Narendra Modi Wins, wapping reelection decides that the most crucial part of the ground ought to be given to the Hindus go ahead and build the temple that you've been clamoring for these decades. The court noted that the demolition of the mosque illegal in sort of compensation that no one appreciated very much allocated several acres of idle land outside the town to Muslims. In effect, the court just gave the Hindus white they had wanted and I mean the Hindu nationalists, the very groups that had clamored for the destruction of the mosque and eighty is a ninety S. And so what precisely is happening today then so today is the last of three days of the ceremony. Put. In which people most notably the prime minister are doing various prayers, offering ritual sacrifices, and so on. Around the site itself most spectacularly in the middle of all the Prime Minister Narendra. Modi ritually lifted into place the forty kilograms silver brick, which serves as temples foundation stone. Now it's consecrated and all its left is to keep on raising money and build the actual structure itself and what's the reaction been from Muslims about this this contentious building. You know in a way Muslims and everyone cares about civil rights and the secular foundation of India knows what to say no. One's happy about it. firebrand Muslim leader in Parliament Assadi. Noisy has criticized the prime minister going to a religious event and it's indeed striking that the prime minister should be there on the temple grounds with a bunch of priests and Politicos all mixed in as if they were a single class, it's shocking if you've been sleeping under a rock as India's changed in recent years and in fact, I was Struck that there have been no mass protests by Muslim groups either after the Supreme Court's decision last November nor today it doesn't mean they're happy about it. But at this point, the thing to protest, we talked a lot about Narendra Modi's brand of Hindu nationalism I. Guess This is kind of a pinnacle. Then for his aims I mean what? What does this mean for him and his party it is a pinnacle of sorts but I think it's more important to look at this as the end of a long first stage of Hindu nationalism. Movement. In India. We're looking at something more like a capstone than a foundation stone and at the same time this date August fifth was chosen for quite obvious reason. It's the first anniversary of this government very bold move to strip the state of jump in Kashmir India's only Muslim state a year ago of its status as a state and rule it directly from Delhi that was one of the main three goals that the Hindu nationalist movement had till. Now now, the third of those goals creating a uniform civil code that would bind. Muslim family law into line with Hindu and secular family law governs most of the rest of India is a less inspiring goal and it's been half accomplished. Already what Mr Moody is going to need in future is another another series of rallying cries like build the temple and where he's GonNa find them it's just not obvious at this point. So today's ceremony is is not a cause for for great triumph. This is this is not the the the end of this long road for the Jay he's hindu-nationalist goals and therefore mission accomplished. This is a triumph. Yes. By all rights Mr, Modi a good one to be taking the victory lap for his party is ideologically movement but that's also very backwards looking Mr Moody was elected with a terrific share of the parliamentary seats in two thousand fourteen in the first place. Because of these hindu-nationalist goals which attracted the devotion of his base, but because Indians were eager for change for economic development and good technocratic governance of a sort that he seemed specially poised to offer, there are various reforms for which he and his government can claim credit over the past six years. But there are many many more disappointments and in particular over the past two years say before the covid nineteen pandemic and then much much worse since it's begun, India's facing an economic crisis, it's every indicator is worse than they've been in a generation. So there's GonNa be a very strongly felt need. A week the opposition to come up with some way of rallying the country some nationalistic theme or series of themes to distract from the sort of impasse in India finds itself had economically this Hindu. Nationalist ideology offers no guidance towards what India's trade policy ought to be say or how environmental law to be fixed or scrapped. They've got a steady ideology, but it's not tacked onto any particular policies at this point i. think that the government we have in place right now strong government but in dark turbulent times is going to be almost desperate to find something to replace the impetus with. Altogether, though these changes that have already gone through, do you think it chips away at the basis of modern India's government? The the idea that religion shouldn't be a part of it. Yeah I think that India as we know it maybe as an idea we almost to retire Mahatma? Gandhi. Still on on every currency note but this is not Ghandi's India anymore you might almost say that the the anti-secularist of one it's now very ordinary to see symbols of state power mixed with. Symbols of sectarian dominance over the hindu-majority expressing itself often revanchist terms, which is why this template a Yoda really does. Alex thanks very much for joining US Jason. Thanks very much.
Can I Take Clippings From A Fig Tree?
"Is the best time. To use FIG clippings to try to start a new tree I would think any time after that mid March where you'd be pruning grapes, you WANNA get fresh tissue that has started to change over internally. In in terms of its chemistry would be the best time. Those would be called hardwood cuttings. You can even divide it up a little bit I think though that mid-march early spring period is the time to get them. One of the things that will aid in getting cuttings is if you can give bought the trade that you put them in the sand, the grits and gravel or whatever if you if you have an old register or if you have some area. Like the top of a radio that gets warm in would keep that soil warm. You keep it moist you get a better take on the cuttings but I think the answer to the question is early spring mid March. Through early April I would definitely could take the cuttings prior to growth.
SEC Probing Kodak Loan Disclosure, Stock Surge
"For Kodak, drawing the attention of the Securities and Exchange Commission. Price spike just before the White House announced an agreement for Kodak started making raw materials for generic drugs and the $765 million loan to the company, Senator Elizabeth Warren, asking the SEC to investigate whether insider trading laws were broken. President Trump
Why does Donald Trump want to ban TikTok?
"For those who are blissfully unaware late last week, us? President Donald Trump announced that he would ban Tiktok and furthermore he said he would block Microsoft from taking over the APP which was apparently a deal that was in the works Then he's back flipped and given Microsoft, forty five days to complete the transaction and he's, but now he signed that the US Treasury should get a copy of the deal which seems weird in a country, which is terrified of socialism so like That's a basic recap, but there's so many little weird bonkers nuances to this Britain I actually bret benefit and I actually read about published on risky Biz in the Linke's quakes showing. But look, let's let's get the conversation going now and we'll start with you, alex, know they're probably some national security ramifications or concerns around APPs lactic TIKTOK. But why do we get the impression? That's not what's driving this whole thing? Well, you make it then. Prussian, because the president of the United States continues to change his justification of what he's doing is making a national data protection law up on the fly on twitter. and. So you know it's it's quite possible that watching what's going on that. You'd reasonably conclude that this isn't a well-considered change in policy, but perhaps part of the ongoing trade war and yell perhaps a mix of trump's anger at what would normally be protected speech against him on Tiktok and partially to distract from the fact that at the same day that he made that announcement, it was announced that the United States economy shrunk by nine percent in just one quarter. And so you know all those things together. Is really polluting this process now that being said I, think there are some interesting risks here in there is something we have to talk about about Chinese APPS and the data of Democracies sitting servers available to the PR. But if you're going to do that for my perspective Tiktok is probably not even the top five or top ten companies. I'd be concerned about there's a lot of Chinese companies that are much more critical inner city and much more important data than they are. This seems. To be completely driven by trump and not by some kind of process and either the White House or or the agencies were, there can rationally considering these things. Now look you and I, we have access to gripe bonds that most people don't actually have access to. A wonderful part of the job. I mean, my gripe tells me that this is not going through the usual processes. I mean the US investigation into Tiktok did start last year. Right? This is a legit sign. Lee Rooted investigation, but it's the escalation since like last week, that is just the just the mad pot, and as you say I mean why the hell out we talking about we chat and that's that's a curly a one to a strategy. I know that there are politicians here. Who Use we chat as a way to communicate with Chinese Australians, for example, right? So that whole thing is a can of worms and I think blocking chat in. A, lot of places around the world is going to be a real loser, right? So that's maybe one reason people don't WanNa. Touch it. But yeah, this is a very complicated. Nuanced issue that has just been. The whole thing strange. Isn't it? It is so syphilis. The law that we're talking about here is was really built to protect kind of the American industrial base around defense. Rightly, you have an important helicopter manufacturer and you don't WanNa get bought by Iran. That's what cities is for. It has never been used as a back door for data protection framework right here. In the United States, we do not have data protection framework. There is no law that says you cannot ship social security numbers of Americans to a Chinese company. Nothing prevents that in theory now, obviously, we have A. Rules that have been created through FTC decisions and such. But overall, we don't have a framework for deciding what is really important Pi and work in it set up, and so to create that out of whole cloth, using a stiffest interpretation is really probably the worst way to handle what is eight really really complicated problem, and like you said, there's other companies put away the top and I think for my perspective, we chat the top Vermont for me. Right is used by the entire chinese-speaking Gaspara. Anybody who has any in China uses it, and that includes people in Singapore people in Hong Kong people in Taiwan. So lots of these places where Chinese intelligence is really interesting. What's going? We chat has become. Part of People's daily lives, and unlike tiktok, it carries very sensitive data. Right? People run their companies. All we chat, they have their personal communications reach at the. They probably arrange affairs and do things that are very black maleable on we chat and there evidence from Citizen Lab, and some other folks who have done worth that demonstrate that you can kind of get side channel information out of we chat that demonstrates that they are watching and they are doing at least scanning of certain phrases, even communications that go. I. Mean I m point, I. think that's well known and well established that we chat is certainly used by the EPA to do surveillance, right? Like that is the reason. So successful in the reason that they can block other communications, funnel people through it, but this brings us to an important question. There are some concerns that say censorship on TIKTOK. For example, there was a case where they would deleting videos that referred to. Human Rights abuses occurring in Xinjiang in in China, right, and that turned into a into massive Khufu four. Good reason. Don't get me wrong Let's not pretend for a second, the PSE or a bunch of fluffy. Fluffy pandas. Okay. That is that is certainly not the case. But let's, be real. Trees names for them. But let's look. Let's be be real here. Right? Like the hottest security angle to this, right? It's it's. It's hard to make a case that it's. It's a terribly dangerous APP now when the United States blocked the sale of grinder. To to an offshore concern I, mean I think that was another Chinese company that wanted to buy that. Absolutely. Anyway, near when they wanted to buy a company that track Global Hotel reservations again, that it's type of information is incredibly valuable to US intelligence in two, thousand, six, the US government's blocked checkpoint, which is an Israeli from blind buying sauce fly because source for. Through. SNORT had deep in US government networks. The right in all of these situations where this has happened before you can point to a single reason and you can say this is why. Absent here,
Rules for Being Human
"I'm excited about the possibility that this show can offer to all of you within the sound of my voice right now because when I decided I was going to continue with television. I. Wanted to be able to use it as an instrument a vehicle to try to bring meaning to people's lives so that something we might say something you might hear might create a spark that would create something inside yourself with touch some part of yourself that would make you live better do better. Create the highest vision for your life, and this is this show is spectacular today in terms of being able to bring you to that. If you pay attend, you pull up a chair I know right now children are running around the house. That I know you know not to be thawing the chicken out who did you on it in the microwave? Hit. Pause, on that right now. Call your friends tell them if they can't watch right you should really take this because this is really important important for you and even more important if you could share this with your children because if there's one thing you should know if you want to have a better more meaningful, fulfill deeper richer existence, it is this that the world and everything in this world that this physical reality that we are experiencing right now operates under certain laws y'all know that. And it supersedes everything. It is real and as consistent as the scientific law of gravity or the physical law of cause and effect, and once you begin to understand how the world operate and how fair and just it really is no matter where you are in your life right now, you then can begin to learn to be a more powerful person. So this little book if life is a game these. Are The rules explains ten rules of universal wisdom if you understand and follow them every day every moment, which is hard to be in there. Every moment I'm telling you and we all struggling you'll have a better life and better relationships in your life because you come to know yourself better doctor. Cherie Carter. Scott, is the author of if life is a game these are the rules coming up in. Telling you. Thank you. Read that is great to get a standing ovation. Yeah. Open your mouth yet. How did you come up with these rules? It was in nineteen, seventy, four and somebody turned to me. I was creating a course to teach people how to coach other people and he said, you know it would be so nice if we just had a handbook for living, why don't we have some kind of rules for being human and I said that's it we need. The rules for being human and turned to me and they said, well, what are they and I said, well, you start with the body and they said Okay and then we're and all of a sudden it was as if spirit inside me was speaking and they came through under the paper and there they were plain and simple and I looked at them and I said. I don't know if I'm brilliant enough to create those I listen and I, allowed it to come through there they are. Okay. Rule number one is you will receive a body. So. Who in this room received the perfect body and you know it was just the right one for. You. No. Problem because if we did get that body and we said you know, thank you that's the one I ordered and it's exactly got it would be a different rural but I bet if you look around this room, you see somebody else that's the body I should have gotten. No, that's the one I should've gotten and you would trade you do an exchange but somehow that's not the way it is we are given a body and it's the one that we are meant to make peace with. The rule is you you going to receive a body? Yes. Otherwise we wouldn't be here. Exact. That's how we moving around in the body. Yes, and you may love it or hate it but it is yours for the duration of your life on absolutely. Okay. It's only when you got but yet the reason why so many people have their greatest pain and struggle in that body. Absolutely. Okay. Dinky says she's a perfect example of this rule and what dinky definitely. So much of our society looks at people by their body type and. How they come across in their body, I suffer from gaining weight losing weight gaining weight losing weight. You know just like why do people do? I know I have every reason in the world to be happy. And I have this void within myself and I don't know how to fill that void. I don't know how to to get to the core. Okay and you want to do something with me a little exercise fast close your eyes for second take a deep breath. And ask your body what it wants to say to you that you're not listening to. Deep Breath. Just, have it speak to you and say whatever the words are that you hear. Expecting respect me what else? I'm here for I'm here for you. What else? I do a lot for I do a lot for you and what else? Take Care of take care of me, open your eyes do you hear it? It's speaking to you.
Jared Young Explains Why Kindness, Honesty, & Integrity Are His Top Priorities
"Jared Welcome to the show welcome a dose of leadership. Thanks to be here. Well I'm excited to learn more about employer advantage and really your leadership philosophy. It seems like I'm. Looking at your background man you've you've done a lot of things and now you're the president of employer advantage. Traveling the world working in various branches of government learning multiple language Arabic is that right to get that right you understand. Yeah, Eric my Undergrad is an Arabic. Wow. Well let's start. Let's talk a little bit about how we got to employ advantage. What was the kind of as you're going through school and working what was your dream at the time? I can tell you my dream was not to end up in. Joplin. Missouri. But I know my I guess my my dream candidate evolved. By the time I got through law school I knew I didn't want to be a lawyer and so I had to figure out. What I wanted to do. So I went into corporate law for a little while I was looking for a chance to pivot to the business side of things because I decided that's what I was really interested in. and. Had A a cousin in DC where I was working Who have happened to have a father-in-law that was? Had founded a business along time ago and was looking for some help some young blood to get into the business to. Start with. A succession plan. and. He learned me out to the Midwest and. I guess we haven't looked back. So how long has that been? How long have you been in Missouri five years five years so prior to that, you were working in various branches of government and you're doing it was many. as an attorney as a lot. What was it doing what we doing government? So I worked before law, SCHOOL In the private sector actually in the healthcare it sector but then during law school and after I actually thought. I thought government was what I wanted to go into. That's actually part of the reason I studied Arabic in my Undergrad as well. It's thought government was around I wanted to go but as I got more experience in government i. realized. I didn't think that was going to be for me. and. Why was that? Would you see there that just turned you off to it I think. I worked with a lot of great people and saw a lot of really interesting things but. The the kind of lockstep. Advancement structure of most of the government. Offices wasn't very appealing to me I I saw people that had been there for thirty years and it seemed like if you wanted to get anywhere, you had to be there for thirty years and there's no getting anywhere without putting in your thirty years. there. There's also the factory you know have a pretty large family. We're expecting our child next month and I knew if I was going to support a family of that size. It's Government salary. Yea. I I know I understand the attraction in the allure. I thought about going into government to at one time when I was laid off from American you know. In the lure was kind of a the security, the job security, everything else and. I got to say a lot of consulting work with the government I've been out of the marine, corps and doing this. And it's such a challenge because what I found is that there's There's just this kind of embracing of mediocrity and it's nothing against the people within it. It's just it's it's a culture of mediocrity. I think and I don't know what your thoughts are on that. Again, I don't into government bashing session but well, exactly I that's I. think that's probably what I was trying to say with trying to dance around and be a little diplomatic but I I totally agree I and I think you're right I don't think it's any individual person just as. Houses that it's the it's the whole system is just too big. It's too bureaucratic right and an end. To. It's that too big to fail mentality. They all know that that they're going to have a job they don't have the pressure of trying to turn a profit to kind of motivate them but. I don't know if they're they're tons of fantastic. Working in government and I I admire the work that they do. But with a lot of great intentions, you're right in the. Same reasons that just wasn't for me I needed to be around a little more Spontaneity. In the the fact that if Wanted Faster Pass towards performance in the object objectives that just seemed like it was applaud you know what I mean like a slow applaud. Yeah. Yup totally get it. Very. Cool. So I'm curious to before we start talking about your roles a president here. What live in Jordan for four months? What was what year was that and what was that like? In two, thousand, nine It was awesome. Just incredible experience. You know as part of my. Undergraduate studies studying the Middle East Arabic So I got to go there and really just immersed myself in Jordanian culture. In my Arabic study I had just gotten married the year before. So my wife and I join me and she actually celebrate our first anniversary in Jordan. Wow and just an amazing cultural experience you know when you visit somewhere as a tourist. You see some cool things but you don't really get a good feel for what people really like where the country's really liked but when you live there for a while. We were able to go to church there and and just make friends interact with people in their everyday lives. It was just awesome to. Be Part of a culture this. So completely different from ours you're live two years in Sweden, but Sweden in so many ways this is just a lot like America so it wasn't kind of a full foreign experience, but Jordan was definitely full foreign experience and There were definitely parts of it that weren't as fun. You know there's water rationing. There s he had you know. Limit, your showers and and and just be really careful with your water and we had bedbugs. there. Definitely. Reasons. That we were happy to go home but man, I wouldn't trade the experience for anything such memories of time that
Designing human-like voice bots for IVR with Einav Itamar
"For those who? have. Never. Come across Volk. It is is A. Platform describe as a platform technology enables you to. Automate in coming calls into the in the Houston. conversationally, I. You describe. It. Wa. You're automating. Both incoming and outbound calls using the I. We also providing solutions for Omni Channel. On top of feats, you know many auto companies. The are Chad with companies are trying to into the space of voice. But then the extent that you get these, you know naturally suitable because voice is much more complex than I'm your shed, but we went the other way around I created. A solution that is good for contact center. Now, we're also studying to provide the solution channels and to provide also on me across channels solutions. Across. Messaging Chats websites in-app in many other channels, swell. Rhonda's this because eventually customers today expect to get the best service across the channels to get it also to be consistent and fluent. so you're talking. On about trade-offs, contacts and trade offs, and how you kind of you develop the plow foam to try and counteract some of the. Can you elaborate a little bit on what kind of trade offs? You UTAH. Yeah, sure. So S I mentioned. I. Think Sense. There is such thing as customer service. There is always a trade off between. You know. The company's you know our clients at one to provide. Good. Customer experience, but Dan their cost. For providing customer experience and especially. When there is a your scaly. So as no telecommunication companies and banks as A. Growth in a number of customers, a number of agents, it becomes more and more challenging to keep the level of customer experiences still keep the cost same. Venture. Customers what we experienced when we are calling. Is. Experienced long waiting times. We experienced sometimes inexperienced agents or you know all short agents, we know maybe limited access to internal systems or. Out Maybe. So So. Then on the other hand when companies try to solve skill ability issues and use technologies like. Then again, they get. They throw their customers into amaze rights with the that is not great. Awesome experience, and then sometimes they try to. Come these using. Trying to divert customers the other channels that they're more scalable like email and chat, and so on. That eventually, still customers are still calling and again receipts during co-lead more and more again because if you want something and you now. You still need to call. So it's not one or the other, he needed to provide great customer experience across channels and I think that if chat was where like a trim two or three years ago. Now, it's clear that the voice is as important as jet and you need to provide again a solution across channels and. Make sure that you don't need voice s like. Sumptuous is. Completed to. Jets. It's interesting that you mentioned or what you mentioned earlier makes me think about how a lot of times customer service can actually be a differentiator. Sorts can be a competitive advantage for starting companies. In. The US you've got a handful of companies that are just like really known for good customer service like jet blue, a trader Joe's. Maybe, there is something that you as well. Cain any companies that Spring to mind. You're like, okay. I. Don't mind calling them. I think John Lewis Typically tend to have a pretty good customer service, but another one from the US is Tom's shoes. Of you've had this dog is where some very agents have spent like twenty thirty minutes on the call was among and something. I think any complaints they ended up just giving you a new pair of shoes in insulin, and then there's another one about flower. Flower. Company where? They, they missed delivery to someone's There was an important delivery wasn't birthday with something else and the Mr Delivery, the person foreign open ended up giving them free flowers not announced just free flowers everyone. Constantly after that. For Making one mistake. So it just shows how important is to have customer service because people like me who have nothing to do with it tells stories about. That's going to be really expensive if you're going to be willing to stay on the phone for hours with the human. So I guess Vocal Da da driven customer service help companies close that gap a little bit when it comes to that customer service advantage. I don't think they relate to that. you. You mentioned several companies that could. A similar experience. No. Before costs and for civil ones. Not just automated, but I will make sure that. The customer experience comes first. So this is our ideal customer. So for instance, American Express is also where known. In. you know in in their? Ability and willingness to invest quite a lot. In order to provide great experience. So when we met with them initially, they were very excited about us both from the ventures you need. innovation and business the different business units. So that got us into a place where they invested in as they are one of our. Trusted the Bucknell's and we are Again one example for. For Great Company that believes in US and knows the importance. So great customer experience and not just
"us trade" Discussed on WSJ What's News
"Present present themselves in their best light for college application so some embellishment. Maybe you were the vice president and you say you were President or you were Co.. President and you say you were president up to hiring hiring someone else to write your essays for you or outright lying about activities you know you didn't actually spend that summer building houses in Guatemala or claiming to to be a different race or ethnicity than you actually. I think that's probably the most brazen one that we saw come out of there. Rick Singer admission scandal that we've reported on <hes> where people would check down that they were members of underrepresented minority group <hes> in the hopes that a school would like them a little bit more because they fulfilled some sort of diversity <hes> program that the school was looking Tord as far as athletic based cheating aren't coaches required to submit a list of recruits. Yes so it depends on the school works a little bit differently only at a lot of schools but a coach can submit a list of saying here the people that I think would make strong additions to our team and I think they have at least the bare minimum academic requirements there meet the bare the minimum academic requirements school by school. They do it all differently whether they give that directly to admissions they give that to an athletic administrator who then gives it to admissions whether the applications are reviewed kind of in the general admission's pool versus separately it varies a lot but I think the the scandal that we've been reporting on certainly certainly highlights that there were not there was some pretty lax standards around all that and schools have responded to that particular element certainly give some specific get samples that you have in your store. What have some schools done to strengthen the process so on the APP on the Athletics Front <hes> so some schools are now requiring another. The administrator check actually look through the lessons. I okay where's the highlight reel <hes> you know. Did they actually win that award. I had one school. Tell me that out there <hes> sports information director will now go and essentially just google everyone and make sure that you know if you're a star athlete in high school. You have a web presence. <hes> you have highlights. You have local news clippings writing about your success so you do a quick. Google search and you can find these kids or not. I imagine the process must really be lax if if somebody can just outright lie about their athletic record when it turns out for instance they haven't played tennis competitively or they don't row yeah. It's it's pretty the extraordinary <hes> just how you know. A coach's word went so far before all of this but I think there's still a lot of questions about the other kids or if you say. Do you have musical ability. Are you somebody maybe bribing music professor at a claim that this person's a great catch who knows how far it goes as one example Dartmouth college they basically check the high school transcript script the great transcript and other than that not much now and they say you know we go into this from a place of trust and there. There's a fair question of how suspicious should a school be you. You don't WanNa go in assuming everyone's lying to you but when the the prize is so great so valuable so many people are trying to get these spots at these schools tells you have to assume that some people are going to try to bend the Rules Wall Street Journal reporter Melissa Corn and that's what's news for Friday afternoon. I'm Charlie Turner for the Wall Street Journal. Thanks for listening..
"us trade" Discussed on Marketplace Morning Report with David Brancaccio
"But not all people. Buy stocks hoping they'll go up. So when they go up those investors are happier, but a big story over the past three weeks has been the bond market soaring. Good bad, or don't care ally. Sat down with Washington Post columnist Allan Sloan to prompt him into a teachable moment here. Good morning, David. All right. So when some joker on the radio says the bond market is up which has been one of the themes of June of two thousand nineteen. I have been saying that a lot is that good or bad news to someone listening. It depends depends on what it depends on, whether they own vaughn's it depends on whether they owned bond funds. It depends on whether they want to buy bonds or bond funds. It depends if they're buying a house. It depends if they're selling gay house, I through twenty other things, but we don't have time. All right. So let's just highlight the difference between you hold a bond. And you hold a bond fund, the bond, you hold it to maturity, that's the idea, and that could be many years, right? And just by a bond, you leave it alone. You collecting interest, you don't care. What happens to the price, unless something horrible happens to the issuer, but that's not what we're talking about. All right. So you don't care when I come on the radio and the market is up or down, if you hold a bond. But if you own a bond fund, big collection of bonds, run by supposedly a professional, maybe you do care, will you shouldn't care. What will happen in a bond fund is if interest rates, go down the shares of bond fund will go up. If interest rates go up the shares of the bond funds will go down. But again, what you're looking for is income on your shares. And you have to trust the manager to know what he or she is doing. And if you're going to sit there and twitch about interest rates every day, baby, you should run up on finds instead of investing in one and look up. What your bond fund is doing if you want to know really, if it's good or bad for you. Now you did mention another class of people who might be interested in the bond markets up the market is down. Let's say you're thing of borrowing to buy a house, then if bonds are up, it's connected yield would be down. And that means interest rates are down. Right if the yield on treasury securities goes down generally the interest rate on mortgages will go down. Which is good for you. If you wanna buy a house, it's also good for the seller of the house because you'll presumably pay more than you, would if the more his were more expensive. And if you like everyone else wants to know why the bond yield moves opposite from the bond price. That'll be a different segments. I'm day Allan Sloan is also editor at large at propublica always going to see you. My pleasure. David now on may twenty first the benchmark ten year interest rate the yield on the government's ten year note was up a two point four. Three percent. It is just two point one four percent this morning..
"us trade" Discussed on World News Analysis
"In depth analysis and live streaming videos. Visit China plus news for your window on China and the. President Donald Trump's former campaign adviser Steve Bannon is imperative this week just days before the European elections. The elections begin tomorrow and rent through the weekend bans, visit is significant because he's a supporter of far-right French candidate, hoping to NC president money Macron Macron, this week accused Bannon and the US government of supporting far right movement to dismantle the European Union on Sunday, Macron will fight to keep his seat as his challenged by Marie lapenne posts suggests that her party is head is ahead of Macron, some across occasion are bold, but other justified and how influential can a former Trump advisor being the grand scheme of Europe's elections. Join us in our Patrick, actually, is a veteran. Does president Macron have reason to believe there's an intervention by the US government? He certainly upset by what he thinks might be intervention. I mean these are very strong by sitting French president against the United States, we do have to sort of take. Account where he is in his mind right now. It's an extremely sensitive time with the his party coming up for election once again, in France later this weekend, a sensitive time, politically, of course, with yellow vest, protests and everything else going on macaroni, outright, accused Steve Bannon, who was a former strategist for Donald Trump of conspiring with Russia, to funnel money to the right candidate, the one who was facing off with Macron, this week and his accusation is that Steve Bannon wants to help dismantle Europe by himself. He said for the first time I see collusion between nationalists and foreign interests, whose objective is to dismantle the European Union. So what's the link between Macron's far-right political opponent and a former American political visor, who has no background in European politics? Well Steve Bannon. It's been a big longtime supporter of marine Le Pen who is, who is the far right person versus. Sort of the moderate candidate who already have in France. Emmanuel Macron, she's been the leader of the far right party that has called the National Front for a while. They were the biggest winner in France's European parliament voting five years ago. Macrumors party members have been just as outspoken toward the US, and especially Steve Bannon saying that lapenne was paid by Putin to help destroy the European Union. But if you ask the pen, she has said, look, I know Steve Bannon. He's been a supporter of mind. But in no way, did I tried to arrange a visit I learned through the media that he was here, and Steve Bannon himself had said, I'm in France, this week as a casual observer..
"us trade" Discussed on World News Analysis
"US dollars to be cancelled. Once they have three children. In addition to that other points in the government's playing clued a pledge to create twenty one thousand nursery place as over the next three years. An extra two point five billion US dollars to be spent on the country's a healthcare system and provide housing subsidies and state support for those buying seven seat vehicles. So you can see all those measures contributed to the increase of fertility rate in the country. So how urgent is population decline issue in Hungary? According to you there. Fficials very Hungary's. Population is falling by thirty two thousand a year and a women. There have fewer children than the EU average the fertility rate in the country is one point forty five days the country below the use average of one point fifty eight and mister prime minister of Hungary. Sad I coat the answer to falling birth rates in Europe was immigration for every missing child. There should be one coming and then the number will be fine. But Hungarian people think differently. We don't need numbers wind Hungarian shootin. So this pretty much. The reason why hungry announces they spot seven point action plan to find population decline. Thank you, thus all the time we have for. This addition today recap of today's headlines high level US trade talks set to resume later this week. You was in South Korea reached the Herbert deal military costs a head of the second foam, Kim summit, you shutdown talks stall ahead of deadline ton in part. Except king's opposition to Princess, prime minister bid and FRANZ keeps up pressure on interest in historic EU dispute to listen to this episode again or catch up on previous episodes. You can download our podcast by searching world news analysis. The program engineer of this episode is poli may I'm joing. Thank you so much for listening.
"us trade" Discussed on World News Analysis
"I think that these other programs DC the main purposes now, they states and European Union. That's been dangerous of worth find a chrome solutions. That's why I don't believe that any company can be sustainable industry. Thanks one. Ask question. Do you think do you feel that to to size may have some a misconception were misunderstanding between each other? Both when we talk about the. Critical circle business world. And also a theme. Maybe. I would say yes for that. I mean, the number of times that people from the administer Trump's administration and Trump have hinted that anybody who's Asian in somehow spy or things like that they attacks on alway the thing there were problems with these companies, but they were out of magnitude when you start comparing them to similar companies that were based and US and Europe and other places which far more agrees things in terms of the amount of of sanctioning whether it was money laundering, or working with countries that they were not supposed to they were actually supplying vital information in these particular cases, we're talking about very minor thing. So and there's also a different mindset. I mean, one of the main things that I always try to explain to people in Asia. There's a very different conception of the individual and society, generally society. Eighty is paramount and group is paramount in the individual is secondary to that. But in the west, it is reversed, and this is one of the reasons that you hear this kind of constant refrain that they don't understand each other. You know, there's all sorts of human rights abuses. What is considered a human rights abuse in Asia is if you're not taking care of people, they don't have a safe environment? They don't have a job. They don't have enough to eat that is human abuse. And that is the fault of the government. And in the west we team ten see it as you can speak your mind, you can go out and create change. You have the right to all the sign saying that you're very unhappy. So there are a lot of cultural elements to this, but some of this political, and that's what I was looting to before the coupling will occur. If people continue to have this. They don't understand the problem team of people or other antics that our prompt. Thank you very much honor that was Tangun and also other panelists JAL. Hi, George to Goblets, the program engineer of this episode is talking about the trade talks between China and the US and their general bilateral relationship. I'm we have nice weekend..
"us trade" Discussed on World News Analysis
"Even in the space. And US in China share, much more. Common interest in global governance. Just recently China help the five nuclear countries meeting in China trying to develop non proliferation mechanisms. So I think it's very difficult to couple, but we have to guard against this trend, and we'll have to fight back against this intention of trying to couple in China relationship. I know are like Dr Phil hi mentioned. There are certain groups of people in the United States who are promoting this decoupling. So what's your observations like who in the US particularly wants to see a coupling between China and the US? Well, unfortunately to people who are sitting at the at the bargaining table. Lighthizer end of our they both leave that the United States would be served by this idea that you pull everything in and you just take care of you know, the US which is the largest market and everything be fine. The fact is that's not true. I was chairman my states international trade council at that time many years ago, we estimated about forty percent of the state's economy was related directly indirectly to export. And we always seem it seem that now you see GE as suffering also Harley Davidson, which was also from Wisconsin is now putting up a factory in Highland. Why the service the EU and China because they don't wanna take political risk that that's being out there. But let me put this in the context we've talked a lot about, but where is all of this coming from. You know, if you go back to two thousand one and the world GDP was thirty three point four trillion. US dollars go to twenty seventeen it's eighty point seven trillion so more than two and a half times. But interesting Europe in America, only at seventy and eighty percent. However, when you start apportioning profits, two thirds of all the profits that were garner during that time went to the developed nations, primarily the US and Europe yet they're middle classes bag Nate during that period. Now, the rest of the world only had one third of the prophet there middle classes, actually, grew astoundingly. So what we're really talking about? Here is a failure internally in these developed countries where they were they failed to distribute the income to grow the middle to keep things solid. And now, they're pointing the finger at almost everybody else and saying that it's their fault that this happened, not our failure to manage our greed. Just simply. It's somebody else's fault. Right. So Dr Scott, what's your suggestion even possible to couple that we commies? Nope. That possible what we are observing under the Trump presidency before he's that they nited states. It's very concerned about that development of China. These offending create more opportunities for its economy us where American companies to invest in in China and this American approach now does know restoring the United States, but we are observing that that you'll pay union cladding Sam of the conscience of that the United States as far as the time he is going to share the same time. Even if we look at what's happening in the United States, clear know that several American companies warms to invest more in China, and they're not happy with that policy or their American president of the trains or the American. We're also seeing even in the congress many American congressman I've not satisfied with says the expend to reach the American president. He's using the national threat sprang enor- death to develop the throws war against China. So we said it is clear that even the United States even under starring incomes. His that are futures Rosie's which world about negative consequences in the future soon. But to side the not find a one. Emergency van dating nor to peacefully existing hordes. What is happening in the United States? There's Corser power to that implementation. And they're all out of the earth initiative. And that's right. American companies things that they could lose all over the world. And they want to create kind of fear enor- there for several times around the globe to stop giving. China's company northern for more western companies to become involved..
"us trade" Discussed on World News Analysis
"So that they will follow this rules and to avoid conflict, and then enhance the aspects of corporation. So overall, I remain optimistic about the future of bilateral relationship is just right now we have to overcome a lot of difficulties that a couple of what's your take on. If we examine the foul mentos of this pair of bilateral relationship and also found amenities of the the world water. At the mystic that'd be laterally relationship. We got a moment the in the future, or before it's very good about the sides are having context earning and frequently they are on the same day, and they are discussing no there to find that solution Astara at how the future wing see through country. I I'm not I'm not able to to assess how relationship when you not only because the American president with unpredictable are my correspondent before. But there's because it's not clear to me right now. Walk the Democrats arm. So I think for incorporating with Trump because China because the following offer their midterm elections last November. It seems that the Democrats that gre- with with drama Ascott. I'm more aggressive American policy toward China is going to friend, but at the same time victory of posse. Right because victory of dramas. After guys grew to be I feed for the Democrats who are trying to present themselves. I want to defending the in the United States. So I don't think that there's going sensors in the United States in order to do with China. And in that regard from the moment, China is up and blowing a more systematic approach each seems to me that the peach development of China, not be rare, and that's regards it will be the United States, which will be in counted with more difficulties in better dealing with China in the future. But I the very good that the two sides are discussing about these answers, they understanding that the danger or fire crisis. It'd be very birth under for worth Kanders. I swear I swear words, and they are pretty hard to find that she usually. And I said we should requires number miser from both sides. Thanks. Let's take a short break here in the last segment will continue our discussion about the general relationship between China and the United States. You're listening to today. Stay with us. Hello. This is Michael John. Greetings from Los Angeles of the Golden State of California. Thank you today for making me part of your team. I choose enjoy the debates. We had an look forward to many more in the years to come. Welcome back. You're listening to today. So let's continue our discussion. I think these days. Many of our listeners are getting familiar with this term called decoupling. Like, we also mentioned in our previous discussion with heard a lot of debate on whether the two countries are actually really in the process of the coupling, Dr JAL, what's your observation? Are these two economy really like being the couple I think in the United States? There are people who are advocated decoupling and actually putting some of the policies into place. So that they can force American business. Accademics 'institutions and others that are used to getting involved with China Chinese market Chinese cooperation to couple. However, I think because of in the past thirty forty years US and China have gradually build a great bald, and they're economically interdependent, and they have close relationship there. So many every year hundreds of thousands Chinese students go to the United States to study, and they're close to one hundred different mechanisms between the two governments still working. So I think it's very hard to couple, and it's going to take a very very long time and the consequences than damage that would be done by this kind of decoupling is very unpredictable and could be very huge. So I think in this in the short run these people would like to use like tariff and. Like legal means for instance, that they're trying to punish hallway. And also they're using other mistreated power to try to cut ties between the US and China and in short run, maybe they will get some results. But I think it's going to recover and because both countries need each other and the world need to two countries to continue to communicate. And plus even during the Cold War so union and the United States maintained a lot of channels to communicate with each other and lot of cooperative relationship..
"us trade" Discussed on World News Analysis
"I mean, basically WTO's been salts the Doha round. And there's no there's no consensus on how to go forward, especially on very thorny, social and issues. So at this point, I think China should be inviting you Russia, the US and he into key countries who can represent the interest, not exactly the twenty. But something along that lines talk about how to put something together where there can be a multilateral interest. But it's not gonna be with this President Donald Trump would absolutely be against that. The question is when he's on wilder via president who is more amenable to this idea that the world needs to be managed not dominated right? Dr Phil what do you think about that argument by Dr Kissinger? Well. I would have to gray with him too. But. I think also I agree with basically is not just US China relations change, but fundamentally the globe global kind of multi-lateral relationship also changed because of the fundamentals particularly economic forces have push this world to a very different. Now, we have a very different picture. I remember ten years ago, political scientists, I think for as a Kara wrote a book called the rise of the rest, and hey, basically argued that because of two thousand eight financial crisis and the. The US economy has been damaged badly and other countries, particularly China and other emerging markets rising and not only economically. But ultimately, they will have more political power and the world is marching towards a more come multiple world that is gradually coming to reality. And. The from g seven to twenty is is a recognition of this reality. We have more country different economic powers. Cow of developed gradually and have more power more saying more voice in the global system in terms of US, China relationship. I forgot to say one thing is that if you look back in history whenever the US disregard of China's core interest that is China's sovereignty territorial integrity and his right to development. There will be problems, and whenever the US recognized highness core interest and respect that and there will be relatively peaceful period of bilateral relationship development. So I think in the future. Same thing will apply to this rule, which is if the United States recognized China as appear as a respect China's core interest, they in many other areas US and China come work together in terms non-proliferation unconventional threat to the world climate change. There are so many issues that both sides count work together and lead. But if the US take another direction, and particularly those hawkish people in the Trump administration advocating decoupling Konami, threatening China using Taiwan as a card and also have this freedom of navigation thing going through Sasha, South China Sea, more and more frequently challenging China in every. Every perspective. I think there will be a continuous tension between the two sides, and ultimately as other people worried about that there might be a new Cold War or some kind of direct confrontation that might lead to crisis. So I think over time, of course, this. Period of time both countries needs to. Adapt to the new situation and during this process, we'll see a lot of zigzagging a lot of sort of unstable unpredictable periods of conflicts. However after this period, I think both countries will feel more comfortable dealing with each other and will be more rules setting in place..
"us trade" Discussed on World News Analysis
"Us. I am on Koch idea. I teach at the university in today has organized its programs, and it says on bringing in a lot of views from all over. It is an extremely good platform for information and analysis, and I wish all success in the future. This is today. I'm Swe Chinese. Authorities are suggesting that the trade talks with the U S have made important progress. A statement following the latest round of talks in Washington describes the discussions has candidate specific and fruitful to talks have touched upon topics, including intellectual property rights, protection, technology, transfer and balanced trade China agreed to expand imports of US products. While you at side suggested it would take China's concerns seriously, the two size also reached a consensus on the framework aiming to implement the reoponed results. I time table for the next round of negotiations has also been worked out in this episode aware discussing the trait talks between the two countries also their broader relationship, our panel is Joe hi, a research fellow with the Chinese Academy of social sciences under Tongan, author and columnist George Coppola's a senior research fellow of the international center. Her for European studies. If you wanna listen to this episode, again, we're catch up on other topics. Police download our podcast world news analysis. So let's move on to the bilateral relationship between these two countries. Dr JAL, we know China and the United States in the past forty years actually witness several this kind of twists and turns ups and downs. So what can we learn from those history downturns and also recovery from from those downturns will come to learn from this. And I think the first lesson is that. The previous cases of China. The is shared strategic goals first and then shared a ecconomic interest. So alternately will have to come to share to confirm the the more shared interest, particularly in global governance to confirm that in the future this bilateral relationship will will be maintained as stable cooperative and constructive as possible. Right now, as you can see that there are other issues at work, and sometimes it could be very destructive and erode live in terms of ballot relationship that happened before for instance, after nineteen eighty nine after a conflict, for instance, the bombing of bear of Chinese embassy Bograd in nineteen ninety nine. So every time when there was a crisis, the bilateral relationship will freefall and after that you can see that the foundation of the about her relationship will regain his strength, gradually and rebuild itself. So I think we're now facing the same difficulties the mutual trust has been lowered and there are difficult issues to overcome. But ultimately, I personally believe that there are so many shared interests particularly globally strategically that both countries must come back to a better relationship to learn to trust each other. To coexist and to help maintain a peaceful and prosperous global system. Are like Dr JAL mention China and the United States wist witness. Several downturns were even crisis in the past four years. What do you think that countries can learn from those history? Well, I think we have to be Frank about what actually happened in two thousand and one with the WTO, and that was many people in the west in the US and particular thought that this would be the death now of the current regime, the communist government in China, they really believe that, you know, this kind of that capitalism and democracy. Liberal democratic capitalism is the ultimate solution that every country must embrace it or will embrace it. And evidently, and it's a very ideological. Stan. So what you have to gay is China instead of failing was extremely successful. And this goes against the grain for those diehards American exceptional, screw, and you know, this includes lighthizer Navarro Miller and Bannon and all the rest of them, they really feel that somehow they've been tricked that China change things. But now that you. Rush for it. I'm gonna agree with the job. If you have any kind of understanding of what's going on in the world. It's very difficult to separate these things you everything is moving towards the it's more digital economy. If you're gonna fight terrorism you have to be linked up. You can't have great line spots for yourself. If you're going to have, you know, stop mode mobile engagements,.
"us trade" Discussed on World News Analysis
"Have started to be too because if they continue straight world, so we can see that even with countries, which is not necessarily agree on several issues between them very common for inorder through response to continuous trade world with being started by American president. Dr Joel how do we look at the trade talks between China and the US if we look at the broader picture, the trade talks among the three Connie's, I think the people the countries that should be more concerned when should not be European countries, actually because China will increase dramatically the purchase of agriculture, energy and other manufactured goods from the United States. What's the direct competition competitor? With the US are countries like Brazil, Australia and Canada and Russia, the central Asia countries because those are the country exporting agricultural products to China and also energy products. China may be in the manufacturer sector. European countries will have more conflict competition with the United States that being said, I think on the one hand it's a clear that Trump is very volatile and his heart predict. However, Trump's message was very consistent from the very beginning from his campaign and onto today, his pushing his agenda America, first of all all along and because of that his conflict with European Union is unavoidable. He has been asking for reduce just like with China with the yield less reduce US trade deficit his trying to put impose tariffs on US auto. Export to the United States, which is is aimed at supporting US domestic out of industry. And also if you look at the agenda that has been put on the table the US trying to negotiate with Yael. The number one issue is actually a digital economy and the US in that area because the US both you hasn't to now have very strong and giant companies in that area. However in comparison, the EU has a very limited number of intern big internet companies less capital in that area. The US wanted to be the room maker of the next generation digital economy. I think that conflict will be in that area. The company will be more severe the thing is if. US and China settles differences, the US turns their gaze toward Japan or European countries. It's very hard to imagine. Because the more intense conflict between the United States New because ideologically they share the same ideology and also their mutual investment is much higher than the mutual investment between us and China and US Japan. So I think many areas restriction the the parameter of negotiation will be tighter than US China. There will be a lot of forces at play and to basically limit the choices and options of President Trump in his negotiation with other developed countries. So looking for like, we mentioned at the American ago station team is planned to travel to China later this month and to size are talking about the possibility of another meeting between the two presidents. So Dr high Hi limit. preview or speculation. Where do expect a talks are going in the next few months with the US, China talk? I think well on the one hand we'll have to focus on a more details and just like you said the framework or the mechanism. How the will check the progress and have a timetable later on for the letter half of this year, and then the next year because Trump is facing another election by twenty twenty he will probably play this card continuously that the trade issue to rally up his base and also to have continuous support from conservatives. So I think in many ways if this issue is not getting closer to what he demands there will be still problems. That's why the negotiations will be very hard. And also as has pointed out the hotline. Lighthizer Navarro they will be paying a lot of tension, not only to intellectual property issues. But also like subsidies than non-tariff barriers, and those are the areas where there the issue has been there for many many years, and it's very complicated heart to solve not only between us and China. But also in WTO, this kind of issues still don't have very clear rules and also because of the difference between developed and developing countries there used to be some sort of difference. However, now US has made the proposal to the WTO trying to irritate the definition of developing country making this issue more complicated. So I think moving forward they will have to tackle this issue and try to come up with more creative solutions. So that they can reach a final deal. Thank you very much. That's rat..
"us trade" Discussed on World News Analysis
"Welcome back yard Ismaning to today. We continue our discussion about the trade talks between China, and the US I think one aspect not so many media outlets a mentioned when they talk about these trade talks between the US and other major trade partners alike that like the U and Japan. So how do you see the trade frictions between China and the United States? We examined the issue from this broader picture broadly him everybody is from spy Trump. I mean, no one knows exactly what he's gonna do. Talk to his neighbors going Annahda. They were little they were treated badly. But in the end, they ended up with a slightly better deal than they would have had been imposed if they had actually joined the team, which was supposed to an essence plan. The the just thing agreement NAFTA in terms of Europe, you know, they're thinking are we next after you know, if if some you know, detente is declared between China and the US is coming after us he's already threatened car terrorist. And with Rex it on one end, and, you know, Italy on the other end, I mean there, you know. EU is very very concerned about interim unity, and yet they are facing off and unknown. And that's really what we're talking about. Here you go anywhere in Asia. No, one knows exactly what Trump is aiming for what he's gonna say. If he's going to withdraw from it remained. If can can keep it. And this is really what is the stem. Root of is know once pushing the economy down people don't know what to do consumers are concerned, and you're seeing a lot of pullback a lot of communists, and I would agree with them are for casting a recession. That'd be starting about twelve to sixteen months in the future, as you know, you know, the effects of people not having a lot of confidence starts again. And that means consumer competent and sent people aren't buying as much saving more their concern and also business confidence. Where do I put my factory years? They're going to be decoupling. Maybe I should be putting it in third country. It depends on where I'm going. But right now people are sitting on their hands. And that's going to have Dr coupla. What do you think about this like ener- just said like Europe is asking a weed, maybe the next. What the union is also at the sound extent having that is in the same position as China as far as negotiations on trade concern. And I it is not clear to what extent they the union and that United States con corporate in no better deal with China forum. The other hand if the union and sign up quote from his side in to deal with the American president there to Lee must there are no answers reasonably in Breyer's. And I couldn't find out after what extent on the one hand they're Europeans union. Contrast, the American president in this work, we seem and but there'd been with China or the European Union times count on China nor to deal with the new threat is that the. Americans resident breathing world economics as the relationship between the United States and they get being each concerns. And from European perspective. The cons that moved in Basler's in value founders into the negative and the her birds from the size of year. American president does not trust the European Union strategic partner and teaching birth rate issues. Asrar either commitment related to defense and collective security. Are there? And these other issue. Which is now south earning by the US, China three worth. And we we knew into the new approaches from my time or from his perspective as they expect the country. I concerned they.
"us trade" Discussed on World News Analysis
"Therefore, if there's no deal, then he would like to reimpose continue to impose the higher tariff. So I think that will be putting pressure on both sides to try to reach some kind of deal that will be agreeable by two size. So the key about the framework is actually. Similar to the dispute settlement mechanism that is built improbably both for instance in te'o. And then in US say the the recent trade deal, and there will be some kind of committee composed of people from both sides from US and China, and then they can go over some of the issues to make the decision whether or not enough progress has been made. However, this must be as China has already pointed out a two way reciprocal process, meaning that not only US should or could participate in the mechanism in monitoring progress on the Chinese side, but China also will send people to monitor what's going on in the US because China also has problems concerning US export practices. So I think overall this mechanism will give both sides because now there's not enough trust between the United States and China there. Before they need a mechanism of procedure to go through. So that to make sure that both side will stick to their promises made through that deal. So like doctors suggested we see their state leaders of oh sides President's XI Jinping and President Donald Trump laid any port row in these trade talks. So Dr JAL how to see this factor that diplomacy carried out by the state leaders. Well, as I said before that this the real final decision maker and real chief negotiator are the two presidents in US and China and the negotiators like mice primarily Lou and also lighthizer from US TR, they're working on the technical details and they're trying to resolve detailed problems overall. Ultimately, this is going to be a strategic and political decision. That's why it is very important for. President Trump actually understand this understand that if there's no such. A political decision and political will to push forward than Gauchet shes a might balk down by one or two issues, and they will continue to go shade without an that happened before. So I think at this point diplomacy what he called diplomacy or the. You know, the pressure from the outside from the market from both -ociety from other countries. Ultimately, the pressure will be on both leaders, and they will have a very strong political will to reach the end and have a deal to give back to their domestic audience and for President Trump as you can see from his Twitter that he really want to have this victory. Because in February another thing that is the. Another summit between the states and North Korea will happen, and he would very much like a double win in that single months, and that will actually give him a political credibility back to the US therefore to kind of backing him up in terms of future negotiations and confrontations with with the Democrats, I think at this moment, that's what it's at stake here. How do you? See this factor communication between. The two presidents has been playing out in the trade talks. I'm going to have to disagree with my learning colleague. I, you know, Trump is extremely unpredictable, and that's why we're all likely holding our breath could come to understand how he's going to react to conservative media. Because remember he was all he was all set to sign the Bill, and when he got some lack from Ann Coulter. And from Rush Limbaugh we flipped, and he you know, imposed the shutdown. So the question is will that happen here in terms of sheet? I don't see him engaging in this kind of big, you know, verbose policy, Twitter's type things very deliberate. He everything is plotted out. You know, basically, they have all these institutes who are are looking at every possible scenario out there, and creating a playbook that he's going to use. This is. Not flying by the seat of your pants type of stuff. She is very delivered. Very calculated. Donald Trump is very transactional. He's willing to flip on dime. He'll he'll look for any opportunity or any kind of weakness and pressed on that. So I think you have really two very different people here. Donald Trump says he's a great friend of she's in that they have great chemistry that may be. But it has not been reflected in his actions in terms of how he's treated not only China, but the rising storm of anti Chinese media stories, which seemed to emanate from a lot of people who support him..
"us trade" Discussed on World News Analysis
"They're interested in seeing more American companies to to invest in China, and they are also interested in seeing the American experts with China to increase so what they are asking for his serious commitments from the shied Saina within the score on the other hand. However, Chinese source on economic colossus show, it doesn't necessarily have to accept or the Americans there. And that's why the framework needs to be flexible, and or show Sinai's country, which has shown in the last month that it is a to go we the dreaded works by some off the pain is equal in both sides because we do not have to necessarily China as the only country suffering by the trade worth also the United States and stuff and. Some of the companies of the United are complaining the American prison for the continuous trade war. So the framework Snead's to be accepted from from both sides, there torrential sustainable in the next month. I know what's your take on this of framework designed to implement the agreement. Well, I it's going to be very difficult to remember. This is not government the government. This is actually private companies private companies, and the the only the only way you can really settle. These things is to bring them into the court, either Chinese stopping US court or US company at a Chinese sport. If they're gonna propose something else. It's cumbersome you're either gonna have to name an existing body that can of arbitration or you have to come up with your own and Donald Trump is and he's not the trusting. He doesn't like any kind of independent body. He's made that very clear what have you go. And so it's gonna be hard to see how you put that to one of the big issues here, though is despite all the progress, you know, he turned down the offer by the Chinese to have another intermediate meeting a weeks ago, and it was people were surprised because some much of all of these things that we're talking about depend on. Pages and reams of paper of the tail schedule when things are going to happen. What happens if they don't happen? You know, all of the things that we're talking about. And Donald Trump apparently was not interested in that. So I I think he's really looking at the big play here. I think he wants a big Brown number which she can hold up and say book, I've solved and US trade deficit. I've no brought jobs back to to America. Even if it's not true. It'll look like he's created more opportunities or US businesses and agriculture, so and then, you know, can also use that as part of the narrative to get his his wall thing. So I this is mainly political on his side. I don't know that you can settle all of the issues that have been building up from low these many years simply in a few days or a few conversations. Dr JAL your suggestion about this framework. Is introducing third party a good idea. Well, first of all, I think when Trump said in his Twitter that there will be a grand deal that nothing will be left off the table and everything the trait dispute between the two sides will be solved through the steel. I don't think that will happen because honor pointing out there are so many issues so complicated issues. It's very hard to resolve it in such a very short period of time. President Trump emphasize that March I will be the real heart deadline that he won't. He doesn't want to go over it..
"us trade" Discussed on World News Analysis
"News you want to know only on today. You're listening to today. I'm Swe Chinese. Authorities are suggesting that trade talks with the United States have made important progress. A statement following the latest round of talks in Washington describes the discussion as candidate specific and fruitful, the talks have touch upon topics including intellectual property rights, protection, technology, transfer and balanced trade China agreed to expand imports of US products. While the US I suggest it would take China's concerns seriously to to size also reached a consensus on a framework aiming to implement a great upon results a timetable for the next round of negotiations. Have also been worked out. Join our panel to talk about the trade talks between China and the United States and abroad or China. US ties are Dr JAL high research fellow with the Chinese Academy of social sciences honor Tongan author and columnist as well as George to Coppola's a senior research fellow of. The international center for European studies. If you wanna listen to this episode again, we're catch up on previous topics. Police download our podcast world news analysis. So now, let's begin with our discussion. I about the trade talks in Washington this week, Dr Ohio, what's your major takeaway from the negotiation this time? Well, I think the negotiation went as planned just before the trip of vice premier Leo hood, the United States, we've heard rumors about US declining to wise ministers visits, and it turns out and people in the market a worried about the upcoming conversation. However, it turns out that this trip was quite successful. And you can see it from the statements put up by both government and from actually present Trump's his own Twitter, so far even though there's no final draft of the agreement, but they are working very hard toward that end. And. After this, very detailed and diligent discussion. I think they have agreed upon many things imprisonable and the the following jobs will be focused on more details and technical staff and American team will come to China soon. And hopefully before the end of February we can have a better we have a deal forming gradually. So what's your general survey Shen this week? Well, it seems that the Donald Trump wants to do this. I mean, he has to China hawks in their lighthizer and Navarro I've never been friendly, and they concentrate much more on the structural issues. You know, how China governs it self stayed on enterprises? These types of things, and basically Donald Trump is hijackings talks comes out with this mowing statements about Chinese vice-premier. Her quote, one of the most respected men in the world unquote, kind of interesting, and he's made it very clear that he wants to meet with changing ping. This is very much the big mobile style that likes to use that he will come in and save the day that the other people around him are just functionaries who do his bidding. So I think this is heading up to be something very positive in terms of settling this spew in least for now structure. I think there's still issues out there that there seems to be enough on the table. So that Donald Trump in claim victory and China I can get on with its economy. So Dr Sakaba what's your mission, particularly about their statements issued after the negotiation. Thank you for having me. I I was I believe it was opposed to around of of docs. And it seems that the two sides are trying too hard to find a solution before the March deadline and the President Trump gave an interview to New York Times suggesting that it is possible for for for a deal to be reached. However, the American president remains very unpredictable. So we have to wait and see until the US delegation travels to Beijing in mid February for relevant talks with the Chinese delegation. It seems that these Bush ability for agreements to be read. But but again their own of both president says he and drown will be cut Olympic. And these source of what President Trump say that before final deal. He was so called me with presidency to discuss about all the details. I believe that things are develop. Ping that that personal relationship between the two presidents country own in particular, this time, the two sides talk about a framework designed to implement the agreement from the perspective of some US media outlets. They call it as verification or enforcement mechanism. So doctors cobblers what kind of framework are they talking about here? The American priorities are clear, they are very much interested in the protection of intellectual property..
"us trade" Discussed on Marketplace All-in-One
"It's your world trade it for extracting involve significant risk of loss. Despite a presidential plea to cut them, investors expect Turkey to increase interest rates sharply. We already entered crisis in Turkey. We just don't know all the answers you live from London. This is the marketplace morning report from the BBC World Service. I'm rob young. Good morning. I to China where some US companies say they're already feeling the pain from the trade war between the world's two biggest economies about the promise of new talks has raised hopes. The dispute may come to an end the BBC's, Jonathan baron reports. Donald Trump has threatened to impose border taxes on all five hundred billion dollars worth of imports. From China. Beijing accused Washington of starting the largest trait will inactivate history. The head of the White House economic council. Larry Kudlow has said that the White House received word China wanted to continue discussions. So the Trump administration has invited Chinese officials to restart talks a spokesman for the calmest ministry in Beijing welcomed the invitation and said, China believes the escalation of the trade conflict is. Not in the interests of either party. The ministry also said the two sides of maintained various forms of contact since talks broke down in Washington. Recently, the development has buoyed stock market, investors economists have warned that the dispute will hit the global economy. US companies have complained that beginning to feel the pain this morning, the American business lobby, I'm China published a survey which concluded the negative impact on US companies in China of tit-for-tat tariffs was clear and far reaching Jonathon Barron. Let's do the numbers. News of those potential u. s. China trade talks of sent Asian markets higher after falling for six straight days and into a bam arket Hong Kong's Hang Seng. Index today jumped two and a half percent. That's a rise of six hundred sixty nine points to twenty seven thousand and fourteen now Turkey's president Duan has said interest rates in the country should be cut, pushing the country's currency, the lira down by almost two and a half percent. However, many investors expect the central Bank to raise rates in an hour's time from just under eighteen percent to twenty percent or even higher. The country's been shaken by sky, high inflation and the plunging currency. Charlie Robertson. The global chief economist at Renaissance Capital in London, says economies already heading into a recession import, sir, falling car. Sales were down over fifty percent in August. The trade deficit is fringing, but the trouble is a central Bank lost all credibility with the markets this year because they didn't hike when inflation was head. Up when the currency was under pressure. So now they have to prove to the markets that they want to get inflation under control before they can think about cutting to respond to the recession, president Duan is against interest rate hikes. Do you think it is significant that the central Bank will defy him? What's driven Turkey's economy over the last fifteen years has been rising levels of debt because the central Bank most of the time has been able to keep interest rates. Low Onoda won his associated rising debt with his success. The trouble is we've reached the end of that game. Now he has to learn to change policy. So are you saying then that a full blown crisis in Turkey is inevitable. We're already into crisis in Turkey. The question now is a how many companies will go into fault, how high unemployment will rise, how many banks will fail and how much debt is going to end up on the government's books. We just don't know will the this yet. Charlie Robinson, all this week. We've been looking at the impact of the financial. Crisis a decade on today. The BBC's Victoria, Craig explores how the collapse changed housing fortunes for many particularly for group of young adults, dubbed generation rent. It's a flurry of activity in London as construction workers in bright orange vests put final touches on a dozen buildings, part of a new rental project called t. p. to lure tenants. There are incentives like no deposits a twenty four hour on site concierge and monthly prize drawings. The company's CEO says, the concept was born of the financial crisis. Aftermath. It had written off one point, six billion pounds of risky investments related to US mortgages that troubled mortgage lender. Bradford and Bingley will become the second this year to be taken into public ownership. Banks, businesses and homeowners are hoping.
"us trade" Discussed on Marketplace All-in-One
"So this is the right thing to do do you think washington has the political will though to force change on that to me this seems to be something that has broad based consent i it's interest to the economy large it's it's of interest to industry and also to consumers and when you have both industry and consumers i think that the political will is there david collins that let's do the numbers asian markets rose amid hopes for us china trade accord in europe italian stocks fell borrowing costs rose after antiestablishment parties announced the terms of a deal to lead the years owns third largest economy the five star movement and the league's spending promises put them on a collision course with brussels meanwhile the european commission has just announced plans to revive a sanctions blocking measure to protect european businesses in iran the us reimpose sanctions after pulling out of the nuclear deal from royal cakes to royal condoms businesses are trying to cash in on this weekend's wedding we know harry marrying megan is gonna be expensive but how expensive no one knows bride book dot co dot uk a wedding planning service says the total costs could be forty three million dollars including security the boost to the economy is hotly debated to with one s tonight saying the wedding adds one point four billion dollars to the pot i caught up with daniel park landlord of the duchess of cambridge pub in windsor.
"us trade" Discussed on Marketplace All-in-One
"This marketplace podcast is brought to you by indeed are you hiring with indeed you can post a job in minutes set up screener questions than zero in on your shortlist of qualified candidates using an online dashboard get started today at indeed that com slash marketplace that's indeed dot com slash marketplace we know everything there is to know about tomorrow's british royal wedding except it's cost live from london this is the marketplace morning report from the bbc world service i'm anew on good morning we're going to start though with u s china trade talks wrapping up in washington after fears of a trade war over those tit for tat steel tariffs president trump wants to reduce the us trade deficit with china by two hundred billion dollars now this morning china's trade ministry said it's not offering to cut that deficit despite all the media speculation but china has announced that it's ending an antidumping probe into us sorghum imports david collins is the wto expert and a law professor at city university in london i think this is a great sign because it's an indication that the trade diplomacy is working whenever there's a tariff imposed somebody gets hurt and in axes and market distortion and in this case it would have harmed us farmers and would have harmed chinese consumers sorts of really good sign do you think that china is going to concede more i mean is this all talk or do you think they're serious about the reforms they've mentioned i think china is serious and the reason that their series is because they know that to be successful they have to integrate more fully into the global economy they have to attract more foreign direct investment and they're only going to do that if they open up their market to things like financial services and by not placing requirements to transfer intellectual property on us and other companies that are doing business in china through joint ventures the section three one investigations into intellectual property malfeasance in china is probably the right thing to do it's great that trump as getting us industry involved because that's part of the problem is i think sometimes the us trump administration have made decisions without consulting industry and hasn't appreciated the tariffs for example can be harmful to us in industry.