I well and welcome the Hudson Institutes dialogue foreignpolicy series. Im walter need your fellow at Hudson Institute is my pleasure to be joined by a Sabrina Carter the chief Foreign Policy advisers for the Vice President and bank and former deputy secretary of state and deputy of National Secretary National Security adviser. During his career mr. Thomas lane has held a number of distinguished government positions. He was National Security adviser to Vice President biden during io bomb administration but also served as the senate staff director for the Senate Foreign Relations Committee from 2002 to 2008 and the National Security Council Staff during the clinton administration. During his time at the state department mr. Blinken played an instrument to world the diplomatic effort to counter ice is pretty worked on the global refugee crisis and rebalance of asia. His a contributing opinion writer for the near times and the Global Affairs analyst for cnn. Its good to see you and thank
Held by chief executive carrie lam, saying hong kong will increase Virus Testing to Something Like 7000 a day. Thats the hope, anyway. They will be extending that capacity for this territory here as well. Thats the backdrop here is carrie lam just outlined this increase in the number of people who will be tested here in hong kong or who can be tested here in hong kong. Haslinda chinese president xi jinping is promising to make the Coronavirus Vaccine available the pledgedeveloped, as part of efforts to defuse critics to the governments response to the pandemic. The virus does not respect borders. Mankind is a community with a shared future. Cooperation are our most powerful weapons for defeating the virus. Tom mackenzie has more from beijing. She succeed in trying to persuade critics . Tom the u. S. Will keep up its drumbeat of criticism for china. He did make some important points in the speech to the governing body at the world health organization, talking about the need to develop a
Brent also lowered to about 2. 3 . With treasuries. Havens like the dollar, the yen. We saw where the nerves are with dollar renminbi. Seeing the hikes inching closer for dollaritory china right now. 6. 4 ,ing a contraction of so we could be seeing a deeper contraction. Financialrom the secretary paul chan saying we could be facing the worst contraction on record. The rupiah seeing some strength here. The carry trade has been coming back. 14,000, 935 around 14,935. The trump ministration is stepping up its attack on china, saying that there is enormous evidence that the coronaVirus Outbreak emerged from a lab in wuhan and china covered it up. Secretary of state mike pao stopped short mike pompeo stopped short of saying the virus was manmade. While the Intelligence Committee continues to do its work, they should continue to verify so that we are certain. I can tell you that there is a significant amount of evidence that this came from that laboratory in wuhan. Business confidence in the
Admitted to icu. It is april 7, 2020. You are watching cnbc. Good morning and welcome im dominic chu live at cnbc headquarters we begin with more breaking news stocks set to surge at the opening bell with the futures indicating that dow could open by another 555 points and the s p up by an implies 56 and 140 points more for the nasdaq it would have been an historic rally more than 1,600 points just yesterday it was only the blue chips best day since march 24 and only the third biggest gain ever. The dow and the s p remain more than 20 below their alltime highs. The nasdaq below its record high but we were up some 21 since the lows we saw back last month. Team coverage kicks off. Matt taylor is in singapore. Julianna is on early trade in europe headlines out of washington, d. C. Steve is covering the latest and rahel is here with more on the corporate response matt taylor, we begin with you we did see a mostly positive session across the asian market. Although a number of these markets
613, s p down about 75 and nasdaq off by almost 200 on concerns about what we heard out of the white house last night. Joe mentioned those numbers. 100,000, to 240,000 americans potentially dying from this. The treasury market where yields have come down right at about 0. 619 . Some pressure as people move into treasuries as a safe haven. Andrew part of that, we talked about, so much of the money being rebalanced to some degree was propping that up that money wont be there today or the rest of the week or rest of the month because so many of the Pension Funds were there irrespective of the numbers we were hearing well put some pressure on the market in the meantime, the number of confirmed cases has reached 189,000. More than 4,000 people have died in new york city alone the latest death toll has exceeded 18,000. Maine is the latest state to issue stay at home order joining 28 other states. This morning, three out of four americans are facing some sort of lockdown due to the coronaviru