Participate. If joining by videoconference what you start speaking there will be a slight delay on the main screen. We are senators that he is that videoconference option hit the mute button until it is your turn to ask questions. If there is a Technology Issue we will move to the next senator until the issue is resolved. I remind all senators and the nominees the fiveminute clock still applies. For senators using the video option, youll notice a screen labeled clock showing how much time is remaining at 30 seconds i will tap the gavel to remind them the time is almost expired. To simplify the speaking order we have agreed to go by seniority for this first hybrid meeting. Thank you to those of you who are here today and keeping the capital complex safe and functioning while we honor our constitutional duty. Covid19 has challenged our sense of normalcy and tested every institution of daily life that we know. The crisis has had a major impact on the Economic Health of our country and the
How it will work will benefit senators in the public. The hearing room has been configured to maintain the recommended sixfoot social distancing between senators. Nominees, and other individuals in the room necessary to operate the hearing, which we have kept to a minimum. A number of senators have chosen to use secure video teleconference technology, which will allow them to remotely participate. For those joining by videoconference, once you start speaking, there will be a slight delay before you are displayed on the main screen. To minimize background noise, we ask senators who are using the videoconference option to please click the mute button until it is your turn to ask questions. If there is a technology issue, we will move to the next senator until that issue is resolved. I remind all senators and the nominees that the fiveminute clock still applies. For senators using the video option, youll notice a screen labeled clock that will show how much time is remaining. At about 30
Main screen. We are senators that he is that videoconference option hit the mute button until it is your turn to ask questions. If there is a Technology Issue we will move to the next senator until the issue is resolved. I remind all senators and the nominees the fiveminute clock still applies. For senators using the video option, youll notice a screen labeled clock showing how much time is remaining at 30 seconds i will tap the gavel to remind them the time is almost expired. To simplify the speaking order we have agreed to go by seniority for this first hybrid meeting. Thank you to those of you who are here today and keeping the capital complex safe and functioning while we honor our constitutional duty. Covid19 has challenged our sense of normalcy and tested every institution of daily life that we know. The crisis has had a major impact on the Economic Health of our country and the major responses been required. Congress and the administration of taken bold, dramatic steps for the e
Facebook surges as advertising revenue holds up amid the pandemic. Socgen. Hear from later, shell ceo. Dont miss it. Manus good morning to you. 1. 7 3 billion people on facebook during covid19. Socgen doing more than being on facebook. It loses 326 Million Euros in the First Quarter. The Global Banking division, revenue down. Down by 27 . The revenue at the bank is down by 16 . You have a net loss in terms of guidance, expressing their guidance for the cost of risk in basis points. They are saying 70 basis points in 2020. The underlying return on equity is a negative number, 0. 5 . Loss revenues dropped by 16 . Global banking revenues crumbled by 27 . Those are the top lines. We talked we talked to the Societe Generale ceo. We the nejra virus clouding the future for the chemicals company. What we are getting right now is First Quarter adjusted even at 1. 6 4 billion euros. Thats more than we have got there. We have the withdrawals of the outlook for the 2020 business year. That already
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