S p up by 3 and the nasdaq up by 13 in germany, they are closed for a National Holiday the ftse is down about a third of a percentage point. Youll see this morning, the 10year is yielding 1. 582 the twoyear down 1. 47 . Breaking news. Taking place overnight lamb indicating a new plan that will invoke a power law. The city will ban masks protesters have used to protect themselves from tear gas or to hide their identities. All of this happening within the last several hours pepsi co coming in better than expected. Revenue coming in up organic Revenue Growth and pepsico expects to meet or exceed Revenue Growth. It looks like better than expected across the board. Some of these have such nice multiples. They keep doing it in manufacturing and other areas. Dont want it to be like days of general electric. Remember when coke was 40 or 50 times . Pepsi is trading at 4. 85 times. Price to earnings ratio of four times. Thinking about your story there about the masks. Well have a guest on later
Their hair down and leave their headscarves at home but its against the law on iran and can bring fears consequences well take a look at why some women are defying the rule anyway. Thanks for joining us. In iraq the number of People Killed in clashes has risen to nearly 100 with thousands left wounded government demonstrators have taken to the streets to protest against corruption and Poor Public Services despite efforts to curb the unrest with a curfew and an internet blackout Security Forces have fired on the demonstrators with tear gas and live ammunition prompting the u. N. Today to say that the violence quote must stop. Yet another funeral. And people here are shouting that they too will martyr themselves for iraq. Their sorties response to the protests has left scores of people dead iraqis have been taking to the streets since tuesday protesting against corruption and the lack of basic services such as an interest and water. People young and old all determined to bring about chan
One basis point. Crewed up by over 1 , but it has been a brutal crude up by over 1 , but it has been a brutal week. Its time now for global exchange, where we bring you the market moving news from all around the world. Lets kick it off with the latest on the trade war. Chinese officials are narrowing the scope of what they will address in highlevel talks that kick off thursday in d. C. Bloombergs shawn donnan joins us on the phone. What do we know so far . Shawn the chinese delegation is coming again to washington this week, led by chinese vice premier liu he. He has been saying there are two big things they will take off the table this week. That is any discussion of broader industrial policy, and that is made in china 2025, this plan from xi jinping to dominate the world in areas like robotics and artificial intelligence, and also government subsidies. These are the subsidies that have really fueled chinas industrial rise over the past 20 or 30 years. They are off the table as far as
Next the latest. Hello this is max kaiser this is the kaiser report you remember the wizard of oz and dorothy said if you click your heels 3 times and say i want to be home you get home Something Like that and of course its an allegory about the Gold Standard how apropos anyway just repeating the same entre over and over again has magical impacts stacey yes it has magical impacts throughout history of course during that time was a period of time similar to what ray deleo says were going through again today then 1920 s. T. In 1930 s. And one of the theories or propaganda that emerged during that time is if you repeat a lie often enough it becomes the truth so with that in mind heres a tweet from Paul Krugman Nobel economics laureate debt is money we owe to ourselves debt is money we owe to ourselves debt is money we owe to ourselves that is money that it only makes us poor in aggregate if it crowds out investment which is isnt doing that at our level of about the vote that at that at th
I want to focus on an issue ive been working on, which is the issue of Insider Trading. It erodes faith in our Capital Markets. It rewards insiders at the expense of often Retail Investors and is a real problem. What our witnesses know well, but the American People may not, is that there is no statutory prohibition on Insider Trading. The s. E. C. Can and does prosecute insider training through their antifraud and antimanipulation authority, but the case law that shapes this Insider Trading law is far from a solid foundation. Decisions can radically alter the landscape of what is unlawful almost overnight. Im a believer that if were going to prosecute someone for a crime we should put the crime into a statute. Im grateful both for the support and cooperation of the commission as well as the support of chairwoman waters and chairwoman maloney as well as the cooperation of the Ranking Member. We continue to work with my colleagues to refine the bill i want to give thoughts on some ideas