Sanctions. Arizona was statute and it is being changed. The situation in the sudan has moved aware from the circumstances that caused the restrictions to be adopted in the first place. I would urge you to not additional to the list. You probably should eliminate did list. Andrew is wise to say you should be assured the situation is better and not accept the lack of sanctions as an indication. Others have taken that that the situation that warranted the restriction in the first place no longer existed. Why do you feel this cautious approach is better and what gives you comfort in the manner you are suggesting it . It benefits from a conservative approach to see if stability lasts in the country. There are situations throughout the history of sudan and this is pointed out elsewhere where things seem to move in a positive direction in terms of a stable democratic government and they revert. The recommendation here would be to monitor the situation to see if the transition to a civilian go
Markets overall we have pushed higher the s p up. 2 . There are plenty of individual stocks on the move, including wells fargo as the best performer in the s p onward that it will have a new ceo. That ceo has a lot of banking experience. A couple of little quirks. Generally, people are happy with him as that wells fargo ceo. Micron is down, disappointed and a big way when it came to its earnings and growth forecast. Some analysts are being easier on micron saying this is the lowest point it will see, the bottom. Also, expectations were too high. Citi is saying expectations were too high. ,uy the stocks are fluctuating investors may be looking past the Political Drama in washington, trying to focus on a mixed bag of economic data. We also have the chinese stories still rumbling along. How do you price this . That is the challenge. Price the Political Risk right now . It is on both sides of the atlantic. It is enormous. It dominates the headlines. Thetrying to figure out, if pricing mech
With the seven companies that would be added to this restricted list would it require us to divest of any positions. Are there ones where we would potentially have to take our position and divest . Correct. Those are the only two . This would be on page 2 of the memo. In the third column 2. 36 million in the electric. 3. 94 million in se s iemens tht we could make subject to our investment restriction. The determination was that by and large the u. S. Has lifted sanctions. These companies are providing as commissionter pointed out services to the citizens, and i think there are necessary communication and Power Services that the citizens do need. There is a consideration here of and as we proceed and evaluate the benefits of allowing companies to operate in a Company Versus benefiting a government that is subject to sanctions or is enacting human rights abuses against citizens. That is the balance that we are trying to understand. They havent changed the investment policy as a result o
Situation that warranted the restriction in the first place no longer existed. Why do you feel this cautious approach is better and what gives you comfort in the manner you are suggesting it . It benefits from a conservative approach to see if stability lasts in the country. There are situations throughout the history of sudan and this is pointed out elsewhere where things seem to move in a positive direction in terms of a stable democratic government and they revert. The recommendation here would be to monitor the situation to see if the transition to a civilian government takes place, and, last, rather than remember removing restriction now have the situation deteriorate, sanctions be reintroduced and us in a position where we reimplement the full set of restrictions. That was the thought. What would you recommend to the board to clarify the second part of the motion or the second issue, the staff recommendation of the two companies . My clarification would be you suspend your curren
You had greeks being able to sell bonds for the first time a negative yields, so there is still search for demand in that negative yield world. Time now for global exchange. We bring you todays market moving news from all around the world. Current is in the is in the current is enda ant, anna edwards, and Kevin Cirilli. Reportedly, china is still open to a partial trade deal with the u. S. As long as no more tariffs are imposed. Enda currannt joins me from hong kong. Enda the fact that the hong kong delegation is still heading to washington speaks to the idea that china is in the market for some kind of agreement on the trade front. Colleagues in beijing are reporting today that china is willing to do more, perhaps step up its purchase of agricultural goods in the hope that at the y least, the u. S. Doesnt that the u. S. Withholds additional tariff increases. At the very least, it seems that there is some kind of play to get a partial agreement. Alix thank you very much. The National B