Betty i am betty liu in new york, where it is just past 7 00 p. M. On this labor day holiday. We will be looking at chinas role in the crisis. How sanctions may target its oil lifeline to kim jonguns regime. Writing into bitcoin. The cryptocurrency tumbled at the pboc declares coin offerings illegal. Anchor let us get straight to some breaking Economic News coming across the bloomberg involving south korea for the month of july. The balance of payments for south korea, taking up ticking up a bit to 7. 26 billion. The good balance coming in a bit. Igher at 1. 07 billion yvonne, these numbers traditionally may not be that significant, but certainly, a lot more attention is being paid to south korea on the fiscal side and also on the trade side as it looks as if south korea is going to be ramping up defense spending as well as looking towards further trade tensions with the United States, and in particular, given these rising tensions. The good balance coming in at 1. 07 billion, yvonne.
Good morning warm welcome to Worldwide Exchange. Im wilfred frost. Im Contessa Brewer in for sara eisen welcome back from texas thank you had a great team with me a lot of stories to cover. Hope you had a relaxing weekend off of what was a busy week lets look in on the Global Market picture comes off a pretty decent end to august when you consider the amount of negative news markets werent under pressure as much as perhaps the headlines for the month may have suggested a slightly positive day towards the end of last week markets in the u. S. Were closed yesterday for labor day. Theyre starting just in negative territory we were not negative around the world today, but we were negative a bit yesterday the dow down 42 points or so in the premarket. Tenyear treasury note for you which has been stuck below the 2. 2 level, had a belief flirtation below 2. 1 , but at the moment back in the middle ground between the two handles, 2. 15 . Lets look at asian equities now. Acraoss the board a mix
Theres another extremely important point that the senator from virginia made, and that is that this rule which has been criticized by some is in direct response to a g. A. O. Report, a direct response to g. A. O. Criticizing h. U. D. For not doing a good job in carrying out this part of the 1968 fair housing act. That is so important. How many of us in this chamber have repeatedly looked to g. A. O. For advice on how we can improve how federal programs work . Well, look to g. A. O. , look to its 2010 report which was very critical of h. U. D. , and surely it is significant that when h. U. D. Last year issued the new regulations, the g. A. O. Said fine and closed out its recommendations as being completed. Thats significant. This wasnt some wild scheme that was dreamed up by bureaucrats at h. U. D. As some have claimed. This was in response to a report from the Government Accountability act. We talk about how we want more efficiency, better accountability. Thats why we have the g. A. O.
Agency has over 2,400 controllers available in canada pools. The faa in collaboration with the National Air Traffic Controllers Association has streamlined the process for transferring controllers between facilities more quickly, reducing the lag time and certifying the facilities. But the faa can make further improvements and should not hesitate to hire more controllers when staffing needs require it. The faa academy, inexperienced controlers have to train before being placed in a facility has the capacity to matriculate only 1,999 controllers per year. And before controllers can attend the faa has to conduct a background check and the faa has to process about 300 per month. This hearing is an important exercise in the subcommittees oversight of the safety and efficiency of the air Traffic Control system. By all of the objective measures, facilities staffs and shortages have not compromised safety and capacity today. But i do look forward to hearing from our witnesses on what we need
She is also the author of living best life at every age. The Fastest Growing segment is people over 85. The second is the people over the age of 100. And so when the program were put in place Life Expectancy was 67 or 68. So not only are there more people in the system, but theyre living longer. And so we have to be able to look at the program and make meaningful adjustments thats going to allow people to live with dignity at a much longer period of time. Thats sunday night on cspans q a. The number of air Traffic Controllers has hit a 30year loechlt they rale recently held a hearing on theish would you witnesses from the federal Aviation Administration and the national air Traffic Controllers association. The pennsylvania congressman chairs the committee. Good morning. The subcommittee will come to order. I like to thank you for being here. Before we proceed hearings and assure you that will be a Top Committee priority for safety and remember the tragedy and the loss that you all suff