Financial Services Subcommittee hearing on creating a federal pandemic Risk Insurance program. Even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves, and to admit themselves after they are finished speaking. Consistent with the regulation accompanying house rest 965, staff will only mute members and witnesses as appropriate. When not recognized to avoid any background noise. Members are reminded that all house rules relating to order and the corn to this remote hearing. History is entitled insuring against a pandemic, challenges and solutions for policyholders and insurers. And i now recognize myself for three minutes to give an opening statement. According to the Congressional Research service, 110 Million People worldwide could enter a state of extreme poverty due to the Global Economic contraction, and here in the United States 657 Million People have filed for Unemployment Insurance since march of this
Is very successful it is tremendous business of the United States people were riveted by it and when you look at. The top to many of the toxins important. To remain single thing whatever it may be i just wish that they understood that they talk really does like to have an impact on our world today the United States has to be compensated well compensated because we are the ones that are make it possible. Coming up israel goes back into full lockdown following the surging coronavirus case since the new restrictions will be in force for 3 weeks. And everybodys and rates and theres a sense of confusion i feel it is a mistake it wasnt my pad it was no exit strategy from the last look down and now we enter another cycle of id say. Well the us is announced plans to ban the use of the chinese own to mobile apps and we chat citing National Security concerns a download in the apps in the u. S. Will be blocked that will be blocked from sunday with a full ban due in mid november imposed on the van
Polls in our place down the dangers even as climate scientists writes the law. Im anthony how and welcome israel is very imposing a full nationwide lockdown with authorities they saying its the only way to slow soaring corona virus infections the measures will severely restrict movement for 3 weeks they come into effect as israel mocks the jewish new year and several other religious holidays critics cite the need for a 2nd measure is the direct result of the 1st lockdown being lifted too soon. Midday in jerusalem shortly before festivities get underway its. The jewish new year but the. Streets are empty. The country 2nd lockdown has just begun and despite the Festive Season visits to relatives in other neighborhoods are banned israel has been registering around 6000 new covered cases a day in a country of 9000000 people thats a lot and it gives it one of the highest rates of infection in the world according to the Prime Minister Health Care Officials have declared code red. In the last
Counting the cost on aljazeera your look at the world of business and economics this week corrupt. Banking and political have destroyed lebanons economy people cant get access to their Bank Accounts billions have been moved out of the country. President trump wants to install his own man at the bank oversee latin americas recovery from the pandemic but some nations are opposed to the move. And the case of the gas power plant that wasnt built but the company was awarded billions of dollars nigeria goes to court to reverse that decision. Lebanon is bankrupt its been brought to its knees by the powerful Banking Industry and its ties to the political elite sometimes those times have been indistinguishable over 2 decades money flowed from citizens to enrich bankers and as the currency crisis unfolded they extinguished any hopes of a recovery by blocking reforms and restricting access to money ordinary citizens cant get hold of their money and are limited to taking out just 200. 00 every 2 w
With us. History has called it the great war in the 2nd episode the declining Ottoman Empire forges its alliance with germany and the central powers as the war gives birth to 3 nationalist movements determine the future world war one through our eyes on a larger 0. In jordan this is counting the cost on aljazeera your look at the world of business and economics this week corrupt bankrupt banking and political plans have destroyed lebanons economy people cant get access to their Bank Accounts billions have been moved out of the country. President trump wants to install his own man at the bank oversee latin americas recovery from the pandemic but some nations are opposed to the move. And the case of the gas power plant that wasnt built but the company was awarded billions of dollars nigeria goes to court to reverse that decision. Lebanon is bankrupt its been brought to its knees by the powerful Banking Industry and its times to the political elite sometimes those times have been indistin