Business economics, its two hours 15 minutes. Thank you everybody for joining us this morning over coffee. The opening session of the policy conference, i am the director of the center of the National Independent business. And i am delighted to introduce the vice chair of the white House Counsel of Economic Advisor. Preparing for the session i found that we have a foundational commonality and he is originally from sweden, im originally from minnesota, the land of american. He stopped a bit short of the minnesota border and currently on leave from the university of chicago where he is the professor of Public Policy studies at the University School of Public Policy. In the Freedman Institute program on research and healthcare markets and policies within the Health Economic initiative. Before rising at the university of chicago he served in several positions including his role as Senior Advisor to the head of food and Drug Administration and as a senior Economic Advisor to the head of the
U. S. And european stocks are hit by the worst rout since 1987, as the panic takes hold of markets. The today session offer brief relief . 5 trillion, the u. S. Central bank offers a huge liquidity, at least nominally, injection into the treasury market after the ecb stimulus measures fall short of combing investors. And delaying the worst. The u. K. Abandons its containment strategy as efforts to push back the peak of the virus takes precedence. New york city declares a state of emergency. We are just under an hour away from the start of cash trading across europe after we saw yesterday, the biggest drop for the stoxx 600 of all time, doubledigit losses yesterday in terms of the dax, more than 12 . The ftse mid was down 17 . Now we see a mixed picture in terms of futures. Dax futures are still down. Investors are still waiting for some kind of comment out of berlin. In terms of the fiscal help that Christine Lagarde, shirley wants, the market wants to hear about it to, and Angela Merk
Director of the center of the National Independent business. And i am delighted to introduce the vice chair of the white House Counsel of Economic Advisor. Preparing for the session i found that we have a foundational commonality and he is originally from sweden, im originally from minnesota, the land of american. He stopped a bit short of the minnesota border and currently on leave from the university of chicago where he is the professor of Public Policy studies at the University School of Public Policy. In the Freedman Institute program on research and healthcare markets and policies within the Health Economic initiative. Before rising at the university of chicago he served in several positions including his role as Senior Advisor to the head of food and Drug Administration and as a senior Economic Advisor to the head of the center for medicare and medicaid services. He also served as a healthcare advisor for john mccain during his president ial campaign. Thank you so much for joinin
11 pm here in moscow this january this one welcome to the program i mean and oneill. The head of nato sais the alliance was not informed of u. S. Plans to assassinate irans most powerful general salomone yen stoltenberg say it was a unilateral by america but he stopped short of criticizing washington for the killing. This is a u. S. Decision it is not a decision taken by neither do Global Coalition nor nato but all allies are concerned about irans destabilizing or 2 beauties in the region iran support 2 different terrorist groups a young stoltenberg didnt have too much time to talk to the press on monday afternoon in brussels what he did say though was that the nato military Training Mission that was operating in iraq will be suspended with immediate effect then well deescalation more than once was the words uttered by the nato secretary general he said that this was the message that had come out of the meeting from the passages of the allies that make up nato saying every single one o
Force them to raise prices and cut jobs. If you earn minimum wage, whether you are in the 21 states that are raising the minimum wage or not, we want to hear from you at 202 7488000. If you are a business owner, we want to know what you think about the minimum wage going up. Your number, 202 7488001. If you do not fit into either one of those categories but still have something to say, we still want to hear from you at 202 7488002. Keep in mind, you can always text us your opinion at 202 7488003, and we are always reading on social media. On twitter at cspanwj, and facebook at facebook. Com cspan. Lets start this conversation bit oftting a basic information about what is going on. A Record Numbers of states, cities, and counties are boosting their minimum wage in 2020. On or around january 1, the minimum weight will increase in 21 states, while another 26 cities and counties are also boosting their baseline pay at your start. Year, an additional four states and 23 cities and counties w