And the United States offered our family a second chance. What you need to know, what americans need to know is that while rankly most of us answer the call to duty in far less dramatic ways, every Foreign Service officer runs the same risk, and very often, so do our families. They serve, too, as individuals, as communities, we answer the call to duty to advance and protect the interests of the United States. I count myself lucky to be a Foreign Service officer, fortunate to serve with the best america has to offer, blessed to serve the American People for the last 33 years. Moved by thee not testimony of Marie Yovanovich today, you dont have a pulse. This is a woman who has served in seven posts for president s of both parties over more than 30 years. Hardship posts, places like somalia, tashkent. I cannot imagine a better example of diplomatic professionalism or integrity then what you have given all of us. Those who have served with you, those who aspire to be you, and for all those
Truly a great country in which we live. We have so many opportunities to make a difference for our families and communities in states we serve in the world in which we live. Only in the United States would it be possible for a first generation immigrant like me to appear before you as an ambassadorial nominee. My parents brought me to this country in search of safe harbor, harbor that provides freedom and opportunity, dignity and respect to. The United States offered our family a second chance. What you need to know, what americans need to know is thankfully those who answered the call to duty and less dramatic ways. Every Foreign Service officer runs the same risk and very often they serve as individuals and community, they answer the call to duty to advance the interests of the United States. I count myself lucky to be a Foreign Service officer fortunate to serve with the best america has 2 off her, the last three years. If you were not moved by the testimony of Marie Yovanovitch you
Long before ambassador yovanovitch came to a national prominence, she represented the United States and its interests with professionalism, dignity, and bravery in a diplomatic career that spanned 34 years. World fromross the moscow to ukraine, ambassador yovanovitchs career has been distinguished by service to country, nonpartisanship, and as you can see by her list of postings overseas, by her willingness to take on tough diplomatic assignments and to tell it like it is. Haiku up in an air force family and like the rest of my family, i was tremendously proud of my fathers military service. I benefited from the opportunity to live in other countries around the world and to travel throughout this country. But i also understood the hardships involved and sometimes the risks. The same is true of our nations formats, whose contributions often go unnoticed, the work of our professional diplomats contribute to our nations prosperity, advance our security , and make it less likely that young
We will break that down later on. Take a look at the rest of the market. You see caution still. The likes of gold, despite the rebound in stocks, gold topped at 1800 for the First Time Since 2011. Theres caution around a resurgence of cases. We have the situation in hong kong with china and acting sweeping powers. Goldman saying we could see 2000 for gold in the next 12 months or so. Extending theg best performance we have seen in 30 years. Money coming off of the dollar here, more of quarter selling and rebalancing. A little bit of strength in the yen. Offshore renminbi gaining at 705. Take a look at the nikkei. A survey cannot very negative. Manufacturing sentiment dropping to the lowest level since 2009. China seeing shares up 6 10 of 1 . The pboc said to Lower Borrowing costs for small businesses. Perhaps anticipating a rate cut today. Watching bonds. Treasuries did tumble. They continue. 68 basis points. Lets get to our top story now. Hong kong marking 23 years of chinese role hou
Bill that will force Chinese Companies to follow the same accounting rules as u. S. Companies listed on u. S. Exchanges. The nasdaq is set to unveil new rules of initial public offerings, a move that could make it harder for some Chinese Companies to list on nasdaq. I spoke with larry kudlow,ing the white house chief economic head, about this a hardline stance toward Chinese Companies as well as the white houses decision to halt money from the thrift fund going into Chinese Companies. Watch. The solution here is for the chinese to open up their investment system and to play according to the rules set by longtime authorities in the usa, the sec being the key and the Public Accounting board being another key. We cant ask military retirees to invest in Chinese Companies that are operating against our own interests and in some cases with respect to this pandemic, we saw the president wrote an excoriating note to the world trade organization, china and the w. H. O. Were complicit. They lack