Commitment to upholding International Rules of the road, including freedom of navigation. Just this past week, the prc vessels acted as dangerously and unlawfully as our philippine friends conduct a routine mission in their own exclusive Economic Zone in the South China Sea. I want to be clear, i want to be very clear. The United States defense commitment to the philippines is ironclad. The United States Defense Agreement with the philippines is ironclad. Any attack on the filipino aircraft vessels, our mutual Defense Treaty with the philippines. And, mr. Prime minister, today we renewed our commitment to defend the values at the heart of this alliance, and we continue to stand as one to forge a Better Future for both of us and all the region. So i want to thank you again for being here. Thank you for your partnership, and your leadership in this critical moment. And id like to now turn it over to you. Well, thank you very much, mr. President. Australia and the United States have stood
Just this past week the prc vessels acted dangerously and unlawfully as our philippine friends conducted a Routine Resupply Mission in that your own, their own exclusive Economic Zone in the South China Sea. I want to be clear, very clear, the United States defense commitment to the philippines is iron clad, is iron clad. Any attack on the filipino Aircraft Vessels or armed forces will invoke the Mutual Defense Treaty with the philippines. And mr. Prime minister, today we renewed our commitment to defend the values that are at the heart of this alliance. And we continue to stand as one to forge a Better Future for both of us and all the region. So, i want to thank you again for being here. Thank you for your partnership and your leadership in this critical moment. And i would like to now turn it over to you. Well, thank you very much, mr. President. Australia and the United States have stood together for more than a century and it is indeed a great honor for me to stand alongside my fr
Congress. We are getting fox business Edward Lawrence in front of the camera to give us the up to the second news on president bidens latest comments on israel and whats happening with the hostages. If you see this 87point loss on the dow, turn your attention to the nasdaq. The loss is much bigger, down 308 points, 32. 33 . Thats investors 2. 33 . Alphabet plummets 9 plus percent right now, the stock on pace to lose more than 162 billion in market cap which would mark its largest oneday loss in value ever. This is all about weak cloud results in the parent of googles Earnings Report which came out after the bell last night. The stock is really acting like a dark cloud over the nasdaq. If the composite does close down 217 points, 6 points or more and, of course, yeah, we are definitely below that here, down 314 points, that will mean the nasdaq has officially entered a correction. Correction, of course, defined as a decline of 10 from the recent high. We will be talking about that. Inte
For africa, in total, over trillions of dollars, it is simply impossible to pay, bearing in mind the level of trade, the level of Economic Development of these countries, why am i saying this, i am saying this because modern financial and credit relations are built in the world like this in a way that they serve exclusively the interests of the socalled golden billion, they are this golden billion, or rather, the leaders of these countries of the golden billion. They exploit almost all other countries in the world, they abuse their technological, informational and financial position, they have built International Financial institutions in such a way and are introducing such rules into the sphere of financial and Economic Activity that they are beneficial in almost the final analysis, i want to emphasize this, everything looks pretty nice, but in the end. All these rules and institutions serve the interests of this golden billion, we certainly need to think about this, we are thinking a
The budget deficit will be covered, mainly through borrowing. The Twentieth International Banking Forum is taking place in sochi; today the Business Program will be opened by a session in which the chairman of the Security Council Elvira Nabiulina will take part. We will find out all the details from our special correspondent, dmitry morocco, joins us. Dima, good morning, tell us what topics will be in the spotlight . Yes, sasha. Good morning, this year the Business Program of the Banking Forum includes three main topics, this is the digitalization of banking, a lot of innovations have been appearing here lately, this is also the fight against cyber threats, and directly the prospects and risks for the Banking Sector in the current realities. This session will begin in the hall where i am standing now, in less than an hour, in it the head of the bank of russia, Elvira Nabiulina, will take part. It is expected that during this session they will assess the current state of the Financial