Program guide. Now we start the weekend with author and for the twomac hello and welcome everyone. I am with the event staff of politics and prose. Before we do begin we do want to go over a couple of quick items. At any point during this event you can go to the chat section which you can find below to access the link to purchase a copy of the new issue great help i would ask if anyone has any questions they would like to direct to the author you would put them into a separate q a box. That aside i would like to welcome daniel yergin. He is a highly respected authority. The bestselling author of the price. The remaking of the modern world and shattered peace. As vice chairman. He has joined tonight by susan glasser. They write the weekly column. They have served as a top editor of several washington public classifications. They went on to have the politico. She served as the editor in chief of foreignpolicy which won three national awards. And also susan will be appearing herself on th
A lot of focus on the u. S. Jobs report we saw in the u. S. As you look at the pound its 1. 3003, we need to look at the trade relationship and negotiations between the u. K. And eu. Up versus dollar currently 109. 68. Coming up we talk all things geopolitical and geopolitical at 11 00 a. M. London time. Lets get the first word news in new york city. Volcanoe philippines, a eruption is prompting evacuation of thousands. Triggered earthquakes and spewed ash across manila. Markets were suspended, experts morning a hazardous explosion explosive eruption is possible within hours or days. U. S. , the nation is looking at reviving semiannual talks with china. There will be used to discuss the economic relationship between the company countries. Today, chinas vice premier heading to the u. S. To sign phase one of the trade deal on wednesday. Many shortcomings, that is the conclusion of the report during hong kongs recent unrest. The investigation finding a lack of communication, no clear guid
Have seen so far this year. The countrys biggest corporations are seeing opportunities in all of this. What is going on . Theyre buying back shares, rish. Index, for example, though worst performer this year. It comes amid a rising stock market globally. The index at unprecedented highs. Decay to 25 down by five and a half percent. The weaker yen is also having an impact. This year, not as much. What we are seeing is the major japanese corporates. Toyota and mitsubishi corp. Buying back 25 billion worth of shares. What it has done is led to an increase in terms of investor perceptions, foreign investors, and at the market declines. Share buoyed their prices. We have a 5 decline for the nikkei, but some of the stocks are up more than 5 on the year, a very interesting move, indeed. Buybacks do boost the appeal of these japanese companies, i guess, for investors. Why . Return equity is what i am talking about. Additionally, that metric has lagged in japan. They havent had a strong r oe co