The bloomberg terminal. A grim milestone. One Million People have now tested positive for the coronavirus with more than 50,000 deaths worldwide. The Asian Development bank estimates the cost of the pandemic at 4. 1 trillion. We will get through this, you was Vice President mike pence tells bloomberg that the economy will rebound from mounting unemployment as the government ramps up virus testing. We are testing over 100,000 americans a day. We literally are tracking every single day the number of cases that are coming out, where they are coming out. Pullback, oil markets reassess President Trumps tweet on output cuts with brent and of uti giving up some of yesterdays gains. We will double big into that story. Just under an hour away from the start of cash equity trading here in europe. Lets take a look at futures right now. They are down in terms of european futures. Downed arrows with futures 6 10 of 1 . Euro stoxx, ftse, dax futures also down. Lets take a look at u. S. Futures. We a
Sunday night at 8 00 p. M. Eastern on cspan q a. Next a look at 2020 defense spending and how it relates to strategy. Hosted for the center for strategic and budget assessments. This is 45 minutes. Evan im going to say couple of quick words before turning things over to travis to highlight his report and field your questions. Two things i want to mention. First, this is an important event here for at csba. Defense corps analysis is something we have done for decades, uniquely well, and travis, the author of this report, is the latest in a long line of talented Defense Budget analysts who have spearheaded these efforts for us over the years. I think it is important to note the Defense Budget analysis we do here is not just about defecting Defense Budgets, not just about going line by line to understand precisely what is in the budget, but assessing and analyzing budgets whether budgets match strategy or they dont. Right now, we have an interesting situation where 18 months ago the depar
Of quick words before turning things over to travis to highlight his report and field your questions. Two things i want to mention. First, this is an important event here for a set csba. Defense corps analysis is something we have done for decades, uniquely well, and travis, the author of this report, is the latest in a long line of talented Defense Budget analysts who have spearheaded these efforts for us over the years. Notenk it is important to the Defense Budget analysis we do here is not just about notcting Defense Budgets, just about going line by line to understand precisely what is in the budget, but assessing and analyzing budgets whether budgets match strategy or they dont. Right now, we have an interesting situation where 18 months ago the department of defense released its National Defense strategy which called for a significant reorientation on the part of dod. Focused on highend conventional great powernst competitors in europe and east low intensityhan conflicts against
Im going to say couple of quick words before turning things over to travis to highlight his report and field your questions. Two things i want to mention. First, this is an important event here for us at csba. Defense corps analysis is something we have done for decades, uniquely well, and travis, the author of this report, is the latest in a long line of very talented Defense Budget analysts who have spearheaded these efforts for us over the years. I think it is important to note the Defense Budget analysis we do here is not just about dissecting Defense Budgets, not just about going line by line to understand precisely what is in the budget, but assessing and analyzing budgets whether budgets match strategy or they dont. Right now, we have an interesting situation where 18 months ago the department of defense released its National Defense strategy which called for a significant reorientation on the part of dod. Focused on highend conventional warfare against great power competitors i
This was produced by the center for strategic and budgetary assessments. Montgomery, here at the center for strategic and budgetary assessments, and i want to thank you for joining us as we rollout our latest report, due dollars follow strategy, by travis sharp, a Research Fellow here who also directs our budget studies program. I will say a couple of quick words. Travis can highlight the findings of his report and field your questions, but two things i want to mention. First, this is an important event for us here at cspi. Defense budget csba. Defense budget analysis is something we have done here for decades and something we have done extremely well, and travis hayes the latest in a long line in a travis is the latest long line of analysts who have spearheaded these efforts over the years. It is important to note that the Defense Budget analysis we do here is not about dissecting Defense Budgets, not just about going through line by line to understand what is in the budget. It is abo