applause please be speeded. It is my pleasure to present to you his excellency, the governor of the commonwealth of virginia, the honorable ralph at northam. Thank you all. Thank you. Well, good evening, ladies and gentlemen. Happy new year and thank you for the warm welcome. To my wife pam, Lieutenant Governor fairfax, and attorney general hearing, justices of the supreme court, newly elected members, old friends of my cabinet and staff, thank you all for your service to our commonwealth. And good evening to madam speaker and madam president. applause the Chamber Looks pretty good from up here doesnt it . laughs laughs you know its a proud moment to look out and see General Assembly that reflects more than ever the virginia that we see every day. applause this is truly an historic night. Just one week ago, we closed a decade that sometimes challenged our fundamental beliefs and even made us question what it means to live in a changing america. So tonight, let us recall some basic fact
Technology on farming. We heard about innovations and how federal policy including rural access to Broadband Internet can help in the development of agriculture. Good morning. We thank everyone for joining us this morning for our first Small Business Committee Hearing of 2020. I want to especially thank the witnesses for taking the time to travel across the country and take time away from their businesses in some instances to have this important question. As is the case with these hearings, there will be members coming and going. There are overlapping hearings on other committees so youll see some folks come and go so we ask for your patience in bearing with that as well. Farming and agriculture are at the heart of strong economies around the country. Investing in agriculture is crucial to ensure that our communities can thrive. Coming from colorado i understand the importance that farming and agriculture have on our states way of life and economic wellbeing. Nearly half of colorados 6
We have seen action from the pboc already. They have cut their mlf rate. We are also headed towards the loan prime rate announcement this thursday. All eyes on what the easing measures could look like. Lets look at the Market Action now with sarah ponczek. Sarah it is a mixed picture across the asiapacific region, but it is really just tip japan after the weaker than expected gdp, donna bowen. 7 but well off lows of the session. At one point the nikkei was down 1. 5 . Making its way back to positive territory but still seeing steep declines. Mainland stocks and hong kong stocks continuing to see upside after strong returns last week. Now making up all the postLunar New Year losses. And hong kong hang seng up. 6 . U. S. Futures extending gains after closing at a record on friday. But remember, u. S. Markets will be closed for the president s day holiday on monday. One index i want to show you is the ms ci all country world index, one that houses emerging and developed market stocks. Giv
Everyone for joining us for our first Small Business committee during a 2020. I want to especially thank the witnesses for taking the time to travel across the country to take time away from their businesses in some instance you have this important discussion. As is the case with these hearings, there will be members coming and going forward, or overlapping hearings and other committees so you will see some folks come and go through out and ask questions, so we just ask for your patients in bearing with that as well for. Farming and agricultural are at the heart of strong economies around the country. Investing in agriculture is crucial to ensure that our communities will thrive. Coming from colorado, i understand the importance that farming and agriculture have on our states way of life and economic wellbeing. Nearly half of colorado 66 million acres are dedicated to over 30,000 farms and ranches. Many of these are small, locally owned operations. Colorado is a leading producer of cat
Some instance you have this important discussion. As is the case with these hearings, there will be members coming and going forward, or overlapping hearings and other committees so you will see some folks come and go through out and ask questions, so we just ask for your patients in bearing with that as well for. Farming and agricultural are at the heart of strong economies around the country. Investing in agriculture is crucial to ensure that our communities will thrive. Coming from colorado, i understand the importance that farming and agriculture have on our states way of life and economic wellbeing. Nearly half of colorado 66 million acres are dedicated to over 30,000 farms and ranches. Many of these are small, locally owned operations. Colorado is a leading producer of cattle, corn, wheat and dairy, and the small farms for everything from bison to auspice and growing grapes and mushrooms, to name a few. In the 24 Century Technology innovation or changing everyday life. Its a drin