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It is to pound 54. you can see that is a fair and reasonable price, is what the morrison's board is saying. you can understand why the hundred thousand or so staff at morrisons are feeling a little bit twitchy. what we know about the company that is taking over. what impact will it have on the people that work there? one of the things we see from this is actually that morrisons have spent a number of months, since the start of may, talking to this group of investors. and what they have made absolutely clear to investors, if you want to buy this business, these other things that are important t...

It is one of the largest tax cuts in american history. >> take a look at the chart and put it up on the screen. the analysts have taken a look at the biggest tax cuts, the reagan tax cut, 2.89%, truman again, obama, 1.78, donald trump tax cut plan right now is 0.9%. of the gdp. >> we are happy to have an argument as to whether we have the top, second, third largest tax cut. that is a positive angle for us, as a percentage of gdp -- >> percentage -- it would be -- >> if you're looking at absolute dollars, it would be the largest. so it depends on the way you're -- >> but if it's a percentage, i...

We subsidize -- somehow we're subsidizing this oil to the tune of 500 biz a year despite the fact that exxonmobil in the first quarter paid $24 billion in taxes. somehow his is going to level the playing field. we can take that money andite in -- >> neil: but it's on, on the americans. >> everyone in the world but. >> neil: we have a disproportionate share because they argue we pay the least when it comes to the price of gasoline per gallon. but bottom line is it's less, and we should pay more because we contribute more to the world's mess. >> help me figure this statement out. you don't want ...

Quality. >> it touches people. farm they're grows the cotton, person takeing a it to the mill. working at the mill. so on and so on. the people that support them. economic multiplier effect is 1.78. for every dollar that we spend in the own nation. >> 1960, 98% of shoes bought in america were made in america. today it's 2%. red wing boots and alden shoes the exception. wages for low-skilled jobs in china about $15 a day are rising. slinking the labor differential. making the u.s. products more competitive. they have increase in u.s. sales in furniture, fabricated metals, plastic a electronics....

Boost from the rugby world cup this summer is. scheduled to host seven games and two quarter finals. the world cup released a statement to the newspaper saying it's too soon to talk about the implications for the tournament. the nzx share index down .7%, and the currency dropping by almost 1.8% against the dollar, and 1% against the yen. let's take a look at the broader asian markets, and there has been a sell-off going on this day, pretty much across the board too. certainly the earthquake adding to the general uneasiness in the region, the moment about the geopolitical issues going on in the...