A steady supply of energy is needed to fuel the countrys economy and military. [sachs] typically, American Foreign policy like British Imperial Foreign Policy before it, paid a tremendous amount of attention to securing oil for the economy. That includes who we have befriended, but it has also included us launching wars; stationing military bases; engaging in coups and orienting a massive amount of our Foreign Policy around oil. [mcnally] by world war one, oil was transitioning to becoming the lifeblood of modern civilization. If electricity is literally the circuitry, without which modern life is impossible, oil is the lifeblood. [jacobs] its both vital to our economy and its vital to our military. And that became true once we switched to an oil based military. [narrator] in recent years, the us Energy Revolution has shifted the geopolitical balance. [gordon] this is a new state of affairs. This was not happening a decade ago, but today 80 percent of the oil in america is sourced from
Volatile month for equities. Why the s p could rally another 9. 5 from now until the end of the year. They are the most loved stocks on wall street and apple is not one of them. Weve got the list for you. We begin with what could be a major breakthrough in the battle to contain ebola, a vaccine being developed in record time proving to be highly effective in fighting or warding off that deadly virus. Shares of the two Companies Involved in the Drugs Development are moving higher at this hour. As you see it there, newlink genetics and merck. Cnbcs pharma expert meg tirrell with the very latest. That vaccine being developed by merck has shown to be 1 00 effective in preventing ebola. According to a interim analysis of a late stage study being conducted in guinea. Experts say the results need to be confirmed and the studies are ongoing but they call the news encouraging with the w. H. O. Declaring the world is on the verge of an effective ebola vaccination. It was used in the 1970s to era
We are way beyond that. More work needed in the Oversight Framework as lamar mentioned the presence of Precision Medicine and what that is. The third area is strengthening our ability to carey out the mission. Mark couldnt be with us but talked about how important that is. We have a number of recommendations in the report relating to the fdas Human Resources and how do you hire people today. Many require collaboration with hhs and the office of personal management. We all know in government the hiring and firing and recruiting process happens in the legislatorive branch when legislati legislative branch needs to be investigated. We need to improve the publi publicprivate partnerships out there. And providing access to medical products and there is a Government Role and responsibility looking at the unmet needs that may not have a financial incentive for going there. The biggest, most important drug company in the world is not going there, scientist and researchers are not going there,
[applause] we should say that because the real event is about to come up here. Its my distinct pleasure to introduce you to our next speaker, admiral James Stavridis is a retired navy admiral whos calling the dean of the Fletcher School of law and diplomacy at tufts university. He has commanded at all levels of the military to include commander, european command and the supreme allied commander europe. I can provide you with a long list of his military assignments but you have probably already looked him up on the internet. So instead i will share some nuggets that provide a better understanding of how his career places him at the book festival today. He is no stranger to books. He started his love of books while his son was stationed in greece in the early 60s. Because there was no Armed Forces Network television, he spend his time at the post library. I can totally relate to this. My family was in france at the same time and my whole family, all seven kids, or over at the post librar
I could provide you a long list of his military assignments but you have probably already looked him up on the internet so i will share nuggets that provide a better understanding how his career places him at the book festival today. He is no stranger to books. He started his love of books when his family was stationed in greece in the early 16s. Because there was no Armed Forces Network television he spent his time at the post library. I can totally relate to this. My family was in france at the same time and my whole family, all seven kids were at the library too. What is striking to booklovers is throughout his naval career, published either articles or books to include midshipmen. I suggest he would tell you his favorite assignment was command of destroyer uss barry from 1993 to 1995. His first literary book, destroyer captain, was about his time as commander of the uss barry. It came as a result of his daily journaling using a typewriter of all things during his 21 2 years on boar