Pips. We are looking at the rest of asia doing this. 1 8kospi index down about of 1 . Some updatese, here on what happened yesterday. Military saying it is on high alert in that part of the world. Today,the top stories just a couple minutes ago, we did get confirmation out of the pboc, adding more funding to the system here. It is trying to guide the economy through a rough patch. A smaller chunk, 2. 95 . Jason. Us now is pleasure to have you. Good morning. Your top thoughts for today. What is top of mind for you . At chinas liquidity guess first the primary liquidity facility, but it does also add to the positive growth picture for china, especially on a relative basis. Covidast because the situation has been continuing in china. When you couple that with Strong Capital flows and improving current accounts balance, it doesnt mean the fundamentals are quite good at the moment. Note, and i guess on that many people say go long against the dollar. Your trade is the currency against the i
Quarter of 1 . The backdrop to this is the Republican National convention that kicks off today. We are going to have more on that later on today. Ags investments will be joining us. I want to stick with the president and politics. We know the virus is related. Yesterday, President Trump making an announcement on a has to tracking of convalescent plasma treatment. Listen to what he said yesterday. Pres. Trump through this study, over 100,000 americans have already enrolled to receive this treatment. It is proven true tease to reduce mortality by 35 . Joining us is tobias levkovich. Thank you for joining us. How should the market price of vaccine and a treatment differently . I think the market is looking for both, in many respects. In other words, vaccines that are being discussed are more about protecting the person from getting the infection, but not transmitting the infection. On the other hand, therapeutics are treating the actual infection. We need a mixture of both results in orde
Economic harm to the company. But that just isnt in the case with google. So its a legitimate question as to whether googles market power insulates it. I also think its a legitimate question to ask if other attempts to regulate your industries have worked. So mr. Pachi, google has restricted the portability of user data due to compliance with the general Data Protection regulation. Specifically in 2018, google restricted the ability to export the double i. D. Of cookie based identifier that creates profiles through google data transfer. Is that correct . Congressman, not familiar with the specifics of that particular issue. But happy to follow up more once i understand it better. So youre not particularly familiar with how youre complying with gdpr. Congressman, weve long been working to comply with gdpr. We think its an important regulation, and we have we are in full come plibpliance to extent of my knowledge. I just meant not with that specific issue you mentioned there. So to compl
Industry. They took questions about the use of thirdparty seller data and allegations of anticonservative bias. The subcommittee will come to order. Without objection, the chair is authorized to declare recess at any time. Welcome to todays hearing on marketing power. Amazon, apple, facebook, and google. I would like to remind members we have established a distribution list dedicated to circulating specific motions or other written materials members might want as part of our hearing today. If you would like to submit materials, submit them to the email address distributed to your offices. We will circulate materials as quickly as we can. Thatld also remind members face coverings are required for all meetings in an enclosed space such as Committee Hearings. I expect all members on both sides of the aisle to wear a mask except when you are speaking. I recognize myself for an opening bateman Opening Statement. This committee launched an investigation into Digital Markets to document compe
Thanks for taking my question, you added a sentence into the statement about the course of the economy depends on the path of the virus is this do you feel this idea or view is not widely enough understood do you feel you had warned back in may that too early reopening or cautious reopening might harm the economy do you feel that message is not heard and some of these reopenings took place perhaps sooner than they should have i think we feel that it might be the most central fact or the most central driver of the economy is the virus were seeing that again. You saw that during the lockdown when we got cases way down you saw the economy reopening. You saw spending go up and hiring go up now that the cases have spiked again. Again, the early data, highfrequency data suggests that theres a slower pace of growth at least for now. We dont know how deep or how long that will be. Its such an important sentence, we just decided that it needed to be in our post meeting statement. Its so fundame