Good morning, everybody. Welcome to squawk box on cnbc. Im becky quick with joe kernen and Andrew Ross Sorkin well start with the markets after the dow fell for the first time in four sessions. Airlines, cruz and retailers all fell during yesterday sessions those have been the volatile stocks if you look at u. S. Equity futures this morning, youll see green arrows the dow indicated up by 28 points nasdaq up by 24 and s p up 4. 5 yesterday, the dow was down 170. During the course of the morning, we were watching the futures and up as much as 250 in the morning. Weve been keeping an eye what is happening with the treadsry markets. Right now, it looks like that 10year yield is just at 0. 71 andrew good morning. Thank you. United states pulling out of talks with europe to tax tech giants Steven Mnuchin saying international talks have hit an impasse and there wasnt even room for an interim deal it threatened retaliation if they move ahead with plans of their home a number of European Compan
Coronavirus pandemic continues. Spoken policy experts about chinas global influence and why continued engagement with china is in the best interest of the u. S. Without objection, the chair may declare a recess at any time. Before we proceed to our topic the National Security implications of the u. S. And china relationship in a post covid world, housekeeping matters. The session will be conducted on an unclassified basis p all participants should refrain from discussing any class of either other information protected from public disclosure. The committee is conducting this virtual hearing with House Resolution 965 and the regulations for the conduct of Remote Committee proceedings. It is being broadcast on the committees website. Like many of you, i would have preferred to hold this hearing in person but because of the threat posed by covid19, it remained serious and widespread. We are proceeding in the best manner we can, remotely in todays case, in order to ensure the safety of our
Because the threat posed by covid19 remain serious and widespread, we are proceeding in the best manner we can, remotely in todays case in order to ensure the safety of our witnesses, members, staff and the public. Todays conversation is essential to the oversight of how we should adapt and meet the challenge of increasingly assertive china especially in the backdrop of a Global Pandemic. I had hoped this would be a bipartisan discussion. Unfortunately, without reason or justification, republican colleagues have decided to absent themselves from the committee. I repeat my hope they will reconsider and join us for future unclassified public hearings and unclassified closed roundtables. We will continue to have them as they are being used to frame the oversight issues and requests and inform our members of the various threats facing the country. The American People expect congress will continue doing its job even in a pandemic and that means showing up at a minimum whether we want to or
Battling coronavirus in mexico where exhausted medical workers are getting infected at record rates. Close think you for joining us a crew of virus is of racing through the african continent infections have doubled to 200000 in less than 3 weeks and the outbreak is now spreading from urban centers into the hinterlands where medical Services Already stretched the World Health Organization is warning that cases will continue to rise until a vaccine is filed the agency says 75 percent of the continents infections have been recorded in just 10 days a quarter of those infections are in south africa but the western cape region including cape town the hardest hit overall more than 5000. 00 people have died across the continent the u. N. Says a lack of testing kits remains a big problem al jazeera has admitted wrists has our report it took 90 days for africa to reach 100000 corona virus infections and only 90 to pass the 200000 mark. The World Health Organization says infections in africa and
To be left alone, but now to attach that belief, not simply to escape but to a sense of greater selfrighteousness, a greater sense of american purpose. Overturned in this sense. Rights andof states they return in this sense to local control. S was we will talk about reagan and the new right, a new american right. Then we will talk about the new cold war, the changes in the cold war. Then we will talk about the end of the cold war. We will talk about that in our lecture next week as well. We will talk about early in the cold war and Ronald Reagans role in that as well as mikal gorbachev. Lets start with reagan and the new right. Reagan atave ronald his first job. Really, his second job. His first job was as a lifeguard. His second job, as a radio announcer in des moines, iowa. In des moines, iowa. His career was largely a career in entertainment, not in policy. In entertainment and in radio in and in movies as well. He was born in dixon, illinois, which was a rural town in illinois, a F