Good morning. This hearing will now come to order. I am pleased to welcome our distinguished panel of Witnesses Today is the economic and security subcommittee. He focuses on the very important topic that i think has a lot of bipartisan interest in. And that is the economic and geostrategic challenge that the rise of china poses for the United States. Much as today, but in the future. China, communist party, Peoples Republic Party of china. Unfair trade practices, intellectual property theft and market manipulation and very prominently in my view, m nonreciprocal treatment. Not just an economic room but in many realms. It has been a force in the Global Economy that undercuts the resiliency and strength of the u. S. Economy. China has been one of the worlds Fastest Growing economies. Averaging close to 10 percent growth from 1979 to 2016. In 2014, china was the Worlds Largest economy and nursing power bases according to the international monetary. I believe there is a strong bipartisan
Clawed back, closed up 26. S p 500 up 12. Nasdaq gaining one. 25 on the day or 105 points. Lets go back to the dow. Industrials, boeing, raytheon. Some worst performers and the ramped up trade tensions with china. The white house blames beijing on the coronavirus. Legendary investor Warren Buffett dumping his entire stake. Barclays downgrading american and delta on debt concerns. Look, Raymond James came out and thinks demand may have bottomed. Is this a bottom for the Airline Stocks today . Big tech also saw a comeback after the losses last week. Apple is updating math book pro. How about m a . Merger monday. Intel buying Transportation Technology company move it, all green on this board today. Energy was also a winning sector. Oil back with a 20dollar handle. It is up four days in a row right now. Exxon, valero, others rallying bigtime today. Production cuts, opec plus, plus some other cuts here in the u. S. With those shelled off wells taking 13 to 15 million perils per day off the
Reporter jessica and raj, we know those three tsa officers and all the employees they came into contact with are in isolation. What we dont know from the tsa is where they worked in the airport and when their last shift was here. Passengers that we talked to tonight say they are uneasy about the possibility of coming into close contact with one of those infected officers. The travel industry as a whole has been impacted by the spreading coronavirus, and it now includes airport workers at sjc. The tsa confirming three of its officers have tested positive for covid19. Yeah, that can spread. So i mean id worry about it. Reporter the agency saying three employees are receiving medical care and all the tsa workers they came into contact with over the past 14 days are quarantined at home. No word on how many passengers those officers screened. I still need to travel, so the most the least i could do is just be careful, wash my hands. Reporter the tsa saying in part, screening checkpoints rem
Get into congress the venezuelan Opposition Leader one was sworn in as head of the Opposition Controlled National Assembly. And a state of emergency was declared on the island of puerto rico after a powerful earthquake. We begin with the escalating tensions between the u. S. And iran on the day of the barely of the top iranian commander the u. S. Has been defending its actions to kill him and the u. S. Defense secretary says he expects iran to retaliate over the assassination of custom mark esposa says it could come directly through Iranian Forces or iran backed groups outside the country despite the u. S. Military bracing for attacks President Trump says the killing of cinnamon he quotes saved a lot of lives and many countries have thanked him he said he also says it was planning imminent attacks but hasnt offered any evidence mr trump has walked back his threat to bomb iranian cultural sites he says the u. S. Will Pay International law regarding those strikes if it strikes iran early
There good morning just going to moscow youre watching international the us President Donald Trump trying to cancel his state visit to denmark because the countrys Prime Minister made some quote nasty remarks he had offered to buy during and from the danes but that was quickly rejected. The Prime Ministers statement that it was absurd that was that it was absurd idea was dasti i thought it was inappropriate statement for she had to do is say no we wouldnt be interested youre not sure at this because youll know it all competes in absolute discussion and a Prime Minister of greenland has of course made it clear that greenland is not for sale and thats where the conversation and. Dont say what it absurd idea that is because hes not talking to me. He is being hes not talking to me hes talking to the United States of america you dont talk to the United States that way at least under me where the marks queen he would have hosted trump express shock at his abrupt cancellation greenland is the