Cash trade. Here are your top headlines from the bloomberg terminal. Trumpa on the defensive. The president stands by his handling of the coronavirus on day one of the Republican National convention. Says democrats are still blaming America First Nikki Haley Says democrats are still blaming America First. The chinese arrives in europe today. Demandsla merkel answers from russia after it was putin critict the was likely poisoned. We have figures crossing the wire right now. The German Economy shrank 9. 7 in the second quarter. The initial estimate was for a drop of 10 point 1 . This is a second look here, and so it looks like it is a little better than expected. Still, of course, a massive drop , the quarter over quarter figure. The yearoveryear figure is a drop of 11. 3 , so a big drop in the german gdp. That the bloomberg economists expect a rebound in the second half, and of fullyear drop of about 6 for 2020. Lets take a look at what futures are telling us after the new record highs
Talking about heroin the Drug Companies are the cartel. Doctors are the pushers and the pharmacists are the suppliers. See theres not a city in the United States right now the. Major opiate addiction problem and its not just in cities its in rural or in fact in some places its worse in rural areas than anywhere else at the peak of the epidemic millions of people in the United States were prescribed 259000000 prescriptions of opioids and that means on average every adult is on one opiate you know once or twice a year if not more scares the living out of me opioids are a major category of medical spending according to the centers for Disease Control its about. 24000000000. 00 in direct cost for the medications and other 75000000000. 00 in health care. Costs people are doing and oxycontin 8010. 00 pack a day thats a 1000. 00 worth of medication to kids who are spending hundreds of dollars a day if not thousands. Of her own walked into. And its cheap. Really cheap really inexpensive and re
Tonight at eight eastern on the communicators on cspan2. Standard john cotton one members of the bridge about buying g5 equipment from the Chinese Company while way. The arkansas republican join former House Intelligence Committee chair mike rogers and retired Brigadier General Robert Spaulding who predecease her on the National Security council under the trump administration. They answered questions from the British Defense subcommittee on china for about two hours. Order, order. Welcome to this Defense Select Committee hearing to consider the International Response to the uk government decision to allow while we to continue to operate its 5g network and implications of the gibbous decision for information sharing across the alliance. Also to discuss International Ambitions and the role of 5g technology and within this specifically look at Cyber Attacks and the distal silk road. Our session date is divided into two parts and id like to welcome senator tom cotton joining us for part on
Heres the hour and 40minute hearing. Good morning. Come to order. We thank everyone for joining us this morning. We want to thank the witnesses for taking the time to travel across the country and take time away from their businesses in some instances to have this important discussion. As is the case with these hearings, there will be members coming and going. There are overlapping hearings in other committees so youll see folks come and go throughout and ask questions. We just bear ask your your patience in bearing with that as well approximately farming and agriculture are at the heart of strong economies around the country. Investing in ago culture is crucial to ensuring our communities can thrive. Coming from colorado i understand the importance it has on our states way of life and economic wellbeing. Nearly half of our acres are dedicated to over 30,000 farms and ranches, many of which are small, locally owned. Cattle, corn, wheat and dairy, but small farms are raising bison to os
Technology on farming. We heard about innovations and how federal policy including rural access to Broadband Internet can help in the development of agriculture. Good morning. We thank everyone for joining us this morning for our first Small Business Committee Hearing of 2020. I want to especially thank the witnesses for taking the time to travel across the country and take time away from their businesses in some instances to have this important question. As is the case with these hearings, there will be members coming and going. There are overlapping hearings on other committees so youll see some folks come and go so we ask for your patience in bearing with that as well. Farming and agriculture are at the heart of strong economies around the country. Investing in agriculture is crucial to ensure that our communities can thrive. Coming from colorado i understand the importance that farming and agriculture have on our states way of life and economic wellbeing. Nearly half of colorados 6