Come to order. Without objection, the chair is authorized to declare a recess of the committee at any time. I now recognize myself for an opening statement. Today, a select subcommittee is pleased to welcome our distinguished panel, dr. Ben bernanke and dr. Janet yellen. Dr. Bernanke was appointed chair of the Federal Reserve by president george w. Bush in 2006 and oversaw the Federal Reserves response to the Global Financial crisis. Before his tenure as fed chair, dr. Bernanke served as the chair of president bushs council of economic advisers. Dr. Yellen served as vice chair of the Federal Reserve until 2010 to 2014, before being appointed chair in 2014 by president barack obama. Dr. Yellen also previously served in the white house as chair of the council of economic advisers. This is the first time that either dr. Bernanke or dr. Yellen has testified before Congress Since stepping down from the Federal Reserve these extraordinary times require congress to seek out advice from expert
Place. The big. Christmas card double. Leg. Darkness prevails as Energy Provider as struggles to keep the lights on across south Africa Business loses patience with rolling power cuts at the countrys struggling Energy Supplier but president proposes says it will all be sorted out by march. And ghana relies on imports to feed the countrys vast appetite for rice but now it wants to satisfy all domestic demand itself in only 3 years with a little help from some friends. This is business africa on the wu update on african and Global Business news and we start in south africa where the worst blackouts for decades are continuing to hamper companies and households several large generators are struggling power utility eskom remain down following a week of heavy rains president Cyril Ramaphosa says the government will work with the company to stabilize the power grid by the end of march. In johannesburg these days business is increasingly done by candlelight or otherwise with the help of noisy
For. The turn to. G. W. Darkness prevails and as you provide the esko struggles to keep the lights on across south Africa Business news aspersions with colin powell cuts at the countrys struggling Energy Supply about the president proposes says it will all be sorted out by mom. Im gonna relies on imports to feed the countries fast up the top for rice but now it wants to satisfy the old domestic demand itself and on the street is a little help. From some friends. This is business africa on the wu update on african and global Business News and we start in south africa where the worst blackouts for decades are continuing to hamper companies and households several large generators are struggling power utility eskom remained down following a week of heavy rains president Cyril Ramaphosa says the government will work with the company to stabilize the power grid by the end of march. In johannesburg these days business is increasingly done by candlelight or otherwise with the help of noisy gen
Russia. And featuring a lead role like youve never seen before. Because im here for that america which did the ends justify the means. Of putins witnesses starts december 13th on w. And ends to the trade war seems within reach sources say the United States and china have reached a deal in principle the agreement could stop an increasingly harmful spiral of tariffs and commentaries which have become a drag on world trade also on the Program Germany pushes back on a u. S. Bill to sanction companies building the north stream to pipeline which will transport natural gas from russia plus neither gave policy hard more in davos but a self declared i. The easy these new hit Christine Legarde on the rails a broad review of the institutions tools and goals that are 1st policy and gone out relies on imports to feed the countrys vast appetite for rice but now it wants to satisfy all domestic demand itself will be 3 years with a little help from some friends. Im going scoble welcome to the program
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