Good, or good afternoon, rather and welcome to this event on u. S. Sanctions and deterrence. Im elizabeth, and i direct the Economics Program here at the center for new american security. It is a pleasure to have you all here with us, todays session is an opportunity to speak about the deterrents and signaling effects of financial sanctions. And as many of you know well, u. S. Sanctions are an economic tool, which in general terms shut off access to the u. S. Financial system, to those named people or entities that pose a threat to u. S. National security. And the use of sanctions has been central to the exercise of u. S. Foreign policy and National Security over the last decade. And in fact, i would say as a favorite policy tool in this administration in particular. The topic of this is a report by jordan to my left which i cowrote and were releasing today, those of us who are seeing nus person will see that as you came in. And take a copy. The report includes findings that came out o
Lights in here, because youre all going to be on tv. Cspan is taping tonight. Im kidding, youre not going to be on cspan, the speaker will be on cspan. When we get to the q a, they usually want to bring a mic down so they can record it. So if you have a question, just try to wait until they bring the mic to you so we dont have to repeat it. The speaker will repeat the questions so you can hear, but this is so they can hear it or however they work it. Our speaker tonight is david robarge, received a phd at columbia university. After teaching at columbia, banker david rockefeller, media studies at columbia, he joined the cia in 1989 and later became a political and leadership analyst on the middle east. Dr. Robarge moved to the cia history staff in 1996 and was appointed chief historian of the cia in 2005. Hes published several classified works as well as unclassified mono graphs on supersonic Reconnaissance Aircraft and intelligence the American Revolution and biography as director of C
Since june. We are looking at a pullback this tuesday morning. Dow industrials down 150 right now, nasdaq down 63, and s p 500 lower by 19. Markets on the move as they await key inflation data, the july cpi is out on thursday, the pp be i out on friday. Congress remains on recess this week. Oil prices, the big story in markets this morning, take a look. Prices jumping to 10 week highs yesterday after saudi arabia extended production cuts for moanother month, setting off investor alarms over when a rescission might hit. Crude oil sits at 81. 71, down 1. 5 this morning. European markets also in the red, take a look. Weve got the european indices down across the board, italy announcing a surprise windfall tax, the ft 100 down 32, cac quarante down 50. Asia overnight markets finished mostly lower, hong kong was down about 1. 8 overnight. That the biggest mover on the averages. The nikkei average in japan eeking out a gain. The hang sang down better than 1 andahalf percent. The judge in Pre
A local resident was killed by the russians, shelling her town with artillery in the afternoon, as usual for themselves, unfortunately, the leader informed about it oblast serhii lysak. The militarycivilian administration is still clarifying the consequences of the attack. The president of ukraine , volodymyr zelenskyi, called on the leaders of southeastern European Countries at a twoday summit in albania to unite defense production facilities. The head of state noted that there are about 500 Defense Enterprises operating in ukraine. But this is not enough to defeat putin and his russia, so he proposed to organize a ukrainianbalkan Defense Forum to develop cooperation in the field of weapons production, and the ukrainian leader also tried to engage supporting his vision of peace in ukraine. Ministers of the group of 20 of the group of 20 are actively discussing the issue of financing ukraine, in particular the use of revenues from the freeze. Russian assets, said the head of the german
For our country, grateful for every day to relatives and friends, warm greetings, bows to parents who raised such people, such real ukrainians as them. Glory to ukraine. Espresso. Lets watch the Kyiv Security forum live. The rain will still smile at our brothers. Yes , dew in the sun, dizzy, washing in ones side, washing for ours , the cossack family, for ours, what are we, just glory to ukraine, glory to the heroes. We continue our work on how to help ukraine win and today at todays meeting we will have three very specific panels. Three things that relate to helping ukraine. The first is how to help ukraine win this war. The second is how to rebuild ukraine after the war. Ukraine as a Democratic State and after the war and during the war, these three topics will be covered by outstanding people, i emphasize the first topic, how to win ukraine in the war, two will speak on this topic real figures we invited our friend this is general petraeus this is the former director of the Central