Economic programs will be hosting around covid19 Economic Impact on women. Covid19 is a crisis like no other and it has had a catastrophic effect on womens economic wellbein. Of course as we all know, women were already at an economic disadvantage before this crisis. In every corner of the world women have been at a disadvantage in terms of education, career options, wage rates, Financial Inclusion and access to technology. The burden of unpaid work and family care also contribute to widening gender inequality. At the same time, women have been at the front line of fighting covid19. From essential workers to childcare. And now is of the impact on the service and retail industries, women are bearing the brunt of economic cost. We at the Atlantic Council are committed to understanding what is happening both here and within the United States and around the world and striving to chart a better way forward out of the crisis. Im excited about our Global Business and economic program, working
We extend a special welcome to our witnesses and thank them for appearing. Remotely all appear this morning. Commissioner noah phillips, commissioner Christine Wilson and rebecca slaughter. This agency was established in 1914 by the federal trade commission act. The fcc is chiefly responsible for protecting consumers from unfair, fraudulent Business Practices in the marketplace, including protecting Consumer Privacy and the security of their data, preventing harmful uses of technology and combating deceptive advertising and illegal robo calls, among other issues. The fcc is also responsible for educating consumers about fraudulent activity and theatory business practice fcc is intended to help prevent americans from falling victim to frauds fraudsters and other actors. Recently discussed, the subcommittee hearing on covid19 scams last month, coronavirus becauseted a new avenue of stayathome orders, a prime target for exploitation. I appreciate the ongoing efforts to protect consumers f
And joe santoli. Joe and andrew are off today with the storm and everything going on, thank you for being here it was one nasty storm. It did a number when you think about businesses dealing with a lack of power, it is like the plague coming down well start this morning with the markets. Nasdaq with the fifth straight positive day up 22 for the year to date. Pretty good day for the dow and s p. S p indicated up close to 20 points the dow up close to 200 points and the nasdaq up as well. The treasury story has been incredible yesterday, the 10year note at a record low this morning, the yield is at. 526 it seems the context is the same, which is the dollar weaker you see that downward pressure foreign treasuries can buy our equity yield we have bond yields below inflation. That means huge tech stocks that means gold and bonds b. What are the implications for this market and the companion market corporate wise, you have earnings better than give uptype forecast analysts could have a good
This afternoon. Im jean elwood, Vice President of foundation and institutional getting at the Atlantic Council. Im so pleased to welcome you to the first of a series of events the Atlantic Council and our Global Business and Economic Programs will be hosting around covid19 Economic Impact on women area covid19 is a crisis like no other and it has had a catastrophic effect on womens economic wellbeing area of course as we all know, women were already at an economic disadvantage before this crisis. In every corner of the world women have been at a disadvantage in terms of education , career options, wage rates, Financial Inclusion and access to Technology Area the burden of unpaid work and family care also contribute to widening genderinequality. At the same time , women have been at the front line of fighting covid19. Essential workers to childcare. And now is of the impact on the service and retail industries, women are bearing the bruntof economic cost. We the Atlantic Council are com
Noise. Members are responsible for on muting themselves when they wish to seek recognition. Somebody is not muted right now. Can you check to see if you are muted . Required tobers are leave their cameras on the entire time they are in official proceedings, even if they step away from the camera. Hearing, theremote Committee Chair is officially closed. Members who sit with their devices in the room must wear headphones to avoid feedback, echoes, and distortion resulting from more than one person on the platform sitting in the same room. Use are also expected to social distancing guidelines including the use of masks, gloves, and wiping down the area in the hearing room. Questions, if the witness is also in the hearing room, it would help if you mute while the answer is taking place , because the answer is picked up by your mike and that echoes back and there is usually distortion. The rollcall is not necessary to establish a quorum in official proceedings conducted remotely. When there