The chair of the House Foreign Affairs subcommittee on asia, the pacific, and nonproliferation provided an update on Global Cooperation during the coronavirus pandemic. California congressman ami bera talked about the council how countries can Work Together to address the pandemic. Minutes,e next 25 congressman bra and i will discuss the post covid world order, and then we are going to open up the conversations to questions from our members. Thank you for joining us today, congressman. Thank you for that introduction. Certainly i want to thank the council for this opportunity. When you look at the list of participants, there are a lot of people that we use for contact expertise. Im sure we will have a lively discussion. Lets get started. Since the outbreak of the covid debatec, a fascinating has emerged about the potential impact of the coronavirus on the global order. Some experts maintain the virus will have a transformative effect. Kissingere, dr. Henry has written the world will ne
Discussion. Great. Lets get started. Since thesi outbreak of the covd pandemic, a faceting debate has emerged about the potential impact of the coronavirus on the global order. Some experts are maintaining the virus will have a transformative effect. For example, doctor Henry Kissinger has written the world will never be the same after the coronavirus, andy ward that the pandemic could up in the global order. And then there are people like professor joan i who contends that the pandemic is unlikely to be a a political turning pointd he believes many aspects of globalization will endure and suggest despite u. S. Mishandling of the pandemic that the balance of hard power and soft power will night shift fromm the unitd states to china which is of course part of the debate. Id like to start with a broad question. Do you think, congressman bera, that the pandemic will affect the global order inconsequential ways . If so, how . I certainly think this is the Largest Global disruption with had
World order and we will open up to questions from members. Thank you for joining us today, congressman. Thank you for that introduction. I want to thank the counsel for this opportunity. When you look at the list of participants, there are a lot of [indiscernible] lets get started. Since the outbreak of the covid debatec, a fascinating emerged about the potential impacts of the coronavirus on the global order. Some experts are maintaining that the virus will have a transformative effect. There are people who contend that the pandemic is unlikely to be a geopolitical turning point. He believes many aspects of globalization will endure despite the u. S. Is handling the u. S. s handling of the pandemic. Frompower will not shift the and United States to china, which is part of the debate. I would like to start with a broad question. Do you think that the covid pandemic will affect the global order in consequential ways . If so, how . This is thely think Largest Global disruption we have ha
Investment savings again as tensions continue to rise. Selling underway this morning. Dow futures down 50 points duh the nasdaq is up 4 and a quarter. S p 500 right now down 3. Growing concerns over coronavirus spikes and what it could mean for the recovery fueling a selloff yesterday. Nasdaq and s p 500 snapping 5day winning streak with declines in double digit. Facebook not getting a like. Walmart says retailer reportedly to offer freeday delivery and customers willing to pay a 100 a year. Defund police, this as crime is rising across america. We have you covered coming up at 7 30 a. M. I will speak with new york city mayor Rudy Giuliani, dont miss that. Secretary of Homeland Security chad wolf will join me. Secretary is live at 8 30. Mornings with maria is live right now. Global markets this morning are mixed. Take a look at european indices across the board. Dax lower by 86. Uk finance minister announced that the latest Recovery Plan lathe today later today is expected to open pubs
China. Of course, we are going to get that 9 30 a. M. Press conference. Stocks as you saw look to higher look to a higher open. Dont worry about china iphone weakness why one key Analyst Thinks apples china woes are overblown. And two big tech names are moving in opposite directions. Oracle is falling on a revenue miss adobe rallying on an earnings beat we got broadcom to get to, costco, number of earnings this morning. Lets start with the Broader Market investors are trying to digest conflicti ining headlines. The Chinese Commerce ministry set to hold a News Conference half an hour from now. And, jim, we dont have a heads up in terms of what theyre going to discuss whether or not were going to learn about their view as in, yes, were all in or not. Kayla tausche last night, basically, you dont know where we are it is in flux. At 5 00 a. M. It was x, at 7 00, it was that, 8 30, new view. But the one thing is certain, this story that made the rounds, that the president has put out that h